BEGIN:VCALENDAR VERSION:2.0 PRODID:-//ExpressionEngine Easy iCalendar plugin//NONSGML v2.0.1//EN X-WR-TIMEZONE:America/Chicago X-WR-CALNAME:Upcoming Auctions BEGIN:VEVENT UID:156027 DTSTAMP:20260321T110241 DTSTART:20260321T110241 DTEND:20260321T120241 SUMMARY:56-Unit Apartment Complex Attalla\, AL 03.21.26 LOCATION:112 Houk Road\, Attalla \, AL 35954\, US DESCRIPTION:56-Unit Apartment Complex w/ Expansion Land — Stabilized I ncome + Immediate Growth Capacity   Rare opportunity to acq uire a stabilized multifamily asset with built-in expansion upside. This 56-unit\, single-level apartment complex is full y cash-flowing\, with 55 units featuring 2 bedrooms\, 1 bath\, kitchen\, living room\, and in-unit laundry. A separate unit h as 1 bedroom\, 1 bath\, kitchen\, living room\, and in-unit laun dry. Direct-to-door parking and ground-level access appeal t o long-term tenants and reduce turnover and maintenance comp lexity.   The property is accompanied by 9 ± acres of unde veloped land already zoned for multifamily\, enabling immedia te scalability for additional units. City water and sewer fr om Attalla are available for expansion and future density.    Demand is proven with financials available for qualified b uyers upon request.   Investment Advantages:   16.76 ± ac res with 9 ± undeveloped expansion acres zoned for multi-un it development   Fully stabilized income stream from 55 uni ts (2BR/1BA each) and 1 (1BR/1BA) unit.    Ground-level d esign with direct parking = operational efficiency   Firewa lled units for safety & reduced risk exposure   Attalla cit y water + sewer   Attractive development economics with hig h scalability   This is a highly desirable multifamily acqu isition suitable for buy-and-hold investors\, developers\, pri vate equity\, and 1031 exchange buyers looking for both incom e and growth in one move. Opportunities with occupancy\, zoni ng\, and expansion capacity already aligned are increasingly scarce.   Tract One: FOUR separate buildings with a total o f 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 apar tment 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 ± ac res with 365 ± ft on Pleasant Valley Road.   Tract Four: U NDEVELOPED 2.04 ± acres with 260 ± ft on Pleasant Valley R oad 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 apa rtment units on 2.87 ± acres with 147 ± ft on Houk Road.    The apartment complex and property will be offered in indi vidual tracts\, requested combination of tracts\, and back as a whole. URL:https://www.swaffordauctiongroup.com/auctions/detail/bw15602 7 SEQUENCE:1 END:VEVENT END:VCALENDAR