Contacts
Bull Realty
Property Details
- Property Type Other - Special Purpose
- Property Size 33,254 SF
- Units 43
- Lot Size 4.46 Acre
- Year Built 2006
- Date Updated May 15, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 2025 Weitz Replacement Cost (Construction cost only): $343/SF
- Acquisition CAP Rate: 16.01%
- Average Home Value: $361,052
- Average Household Income (Age 75+): $70,747
- Average Net Worth (Age 75+): $1,696,281
- Cash on Cash: 55.2%
- CoStar Southeast Sold Comps: $233/SF
- Debt Service Coverage Ratio: 2.48
- Financial Highlights (5-Year Hold)
- Forecast NOI: $544,233.66 (normalizing expenses to 75% of Gross Revenue)
- Gross Revenue: $2,176,894.66 (Actual)
- IRR: 92.6%
- List Price: $3,400,000
- Occupancy: 92.2% (Actual)
- Projected Sales Year 5: $8.6 million
- Property Highlights
- Property Qualifies for a SBA 504 Loan: 25-year term, 85% LTC, and 5.856% interest
- Revenue growth 5% per year
- Sales proceeds after expenses: $5.8 million
- Strong Market
Attachments
Getting around
-
23/100
Walk Score ®
-
39/100
Bike Score ®
Location
- City Auburn, AL
- Zip Code 36830
- Market Columbus GA
Points of Interest
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MAPCO
0.18 miles
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Mapco Mart
0.66 miles
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SÄCO (Saco)
0.68 miles
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Marathon
0.71 miles
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Walmart Fuel Station
0.83 miles
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Valero
0.84 miles
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Shell
0.97 miles
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Auburn, AL Supercharger
1.08 miles
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Circle K
1.52 miles
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Walmart
1.93 miles
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160 Ross Parking Deck
1.40 miles
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Auburn Municipal Parking
1.63 miles
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Auburn Municipal Parking Deck
1.65 miles
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South College Street Parking Deck
1.97 miles
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Library Parking Deck
2.03 miles
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Comer Parking Lot
2.05 miles
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South College Parking
2.20 miles
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North Park
2.29 miles
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Stadium Parking Deck
2.29 miles
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Quality Inn University Area
1.14 miles
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Graduate by Hilton Auburn, AL
1.76 miles
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Auburn University Hotel and Dixon Conference Center
1.91 miles
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Candlewood Suites Auburn
2.41 miles
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Hilton Garden Inn Auburn/Opelika
2.41 miles
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Towneplace Suites
3.36 miles
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Fairfield Inn & Suites
3.41 miles
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Hampton Inn & Suites Opelika - I-85 - Auburn Area
3.53 miles
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Microtel Inn & Suites by Wyndham Opelika
3.72 miles
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Holiday Inn Express & Suites Opelika Auburn
3.73 miles
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Walmart Neighborhood Market
0.79 miles
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Dillard's
0.89 miles
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Auburn Mall
0.92 miles
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Flint's Crossing Shopping Center
0.98 miles
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Earth Fare
0.99 miles
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Belk
1.00 miles
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Kroger
1.09 miles
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Market Square Shopping Center
1.12 miles
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Big Lots
1.13 miles
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Publix
1.27 miles
Bull Realty