56-Unit Apartment Complex Attalla, AL 03.21.26

56-Unit Apartment Complex w/ Expansion Land — Stabilized Income + Immediate Growth Capacity   Rare opportunity to acquire a stabilized multifamily asset with built-in expansion upside. This 56-unit, single-level apartment complex is fully cash-flowing, with 55 units featuring 2 bedrooms, 1 bath, kitchen, living room, and in-unit laundry. A separate unit has 1 bedroom, 1 bath, kitchen, living room, and in-unit laundry. Direct-to-door parking and ground-level access appeal to long-term tenants and reduce turnover and maintenance complexity.   The property is accompanied by 9 ± acres of undeveloped land already zoned for multifamily, enabling immediate scalability for additional units. City water and sewer from Attalla are available for expansion and future density.   Demand is proven with financials available for qualified buyers upon request.   Investment Advantages:   16.76 ± acres with 9 ± undeveloped expansion acres zoned for multi-unit development   Fully stabilized income stream from 55 units (2BR/1BA each) and 1 (1BR/1BA) unit.    Ground-level design with direct parking = operational efficiency   Firewalled units for safety & reduced risk exposure   Attalla city water + sewer   Attractive development economics with high scalability   This is a highly desirable multifamily acquisition suitable for buy-and-hold investors, developers, private equity, and 1031 exchange buyers looking for both income and growth in one move. Opportunities with occupancy, zoning, and expansion capacity already aligned are increasingly scarce.   Tract One: FOUR separate buildings with a total of 16 apartment units with 1 unit currently being used for a storage unit on 1.60 ± acres with 356 ± ft on Houk Road.   Tract Two: FIVE separate buildings with a total of 23 apartment units and one individual 1 bedroom, 1 bathroom unit on 3.30 ± acres with 372 ± ft on Houk Road and 168 ± ft on Pleasant Valley Road.   Tract Three: UNDEVELOPED 2.02 ± acres with 365 ± ft on Pleasant Valley Road.   Tract Four: UNDEVELOPED 2.04 ± acres with 260 ± ft on Pleasant Valley Road and 474 ± ft on Deled Drive.   Tract Five: UNDEVELOPED 2.41 ± acres with 603 ± ft on Deled Drive.   Tract Six: UNDEVELOPED 2.52 ± acres with 285 ± ft on Deled Drive.   Tract Seven: THREE separate buildings with a total of 16 apartment units on 2.87 ± acres with 147 ± ft on Houk Road.   The apartment complex and property will be offered in individual tracts, requested combination of tracts, and back as a whole.