Cash-Flowing 8-Unit Apartment Complex in Jasper, Alabama – Turnkey and Ready to Go! Professionally managed 8-unit apartment complex with room for value add. All units are spacious 2 bed / 1 bath, 1,000 sq. ft. each. Rents are currently $800 per month, and as tenants cycle out and the units are refreshed, we’re increasing them to $850+ — building in immediate upside for the next owner. With a mix of Section 8 and regular tenants, the apartments stay at a 90% or higher occupancy rate. Walker County has a rental shortage and a large demand for Section 8 rentals. The property is clean, updated, and consistently maintained. Water and dumpster service are paid by the owner, with everything else handled by professional management already in place. This means zero headaches and steady cash flow from day one. Whether you’re a local investor looking to expand your portfolio or a first-timer wanting a turnkey opportunity, this property delivers strong returns and room for even more growth.
School Information for 2112 Martin Luther King Drive, JASPER, AL 35501
Elementary School
WEST JASPER
Middle School
MADDOX
High School
JASPER
Listing Courtesy: RealtySouth The Harbin Company
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Birmingham Alabama Association of REALTORS®. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Birmingham Alabama Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Greater Alabama MLS.
EXIT REALTY CAHABA
13521 Old Highway 280, Ste. 249, Birmingham, AL 35242