Bought with JESSICA ANDRUS • FIRST REALTY SALES
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Key Details
Sold Price $612,500
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 2,884 sqft
Price per Sqft $212
Subdivision Brookes Condominiums
MLS Listing ID 179774
Sold Date 05/20/26
Bedrooms 5
Full Baths 5
HOA Y/N Yes
Abv Grd Liv Area 2,884
Year Built 1984
Property Sub-Type Condominium
Property Description
Exceptional investment opportunity featuring FIVE 1-bedroom, 1-bath condos in a highly desirable location directly across from the veterinary school. All units are ground-floor, offering easy access and strong rental appeal.
Each condo is leased through July 2027, providing immediate and stable income with long-term leases already in place—perfect for investors seeking a turnkey, low-maintenance addition to their portfolio.
The location is a standout, consistently attracting student and faculty tenants due to its close proximity to campus and everyday conveniences. First-floor units are always in demand, helping support continued occupancy and tenant retention. Community features 2 outdoor swimming pools, tennis courts, basketball goal and mature trees throughout.
Whether you're expanding your portfolio or looking for a solid entry into investment real estate, this package offers reliable cash flow, prime location, and proven rental history.
Total MONTHLY rent through July 2026 = $4,150. July 2026-July 2027=$4,500
Location
State AL
County Lee
Community Public Transportation
Area Auburn
Interior
Interior Features Ceiling Fan(s), Primary Downstairs
Heating Heat Pump
Cooling Central Air, Electric, Heat Pump
Fireplace No
Appliance Some Electric Appliances, Dryer, Dishwasher, Electric Range, Refrigerator, Stove, Washer
Exterior
Fence None
Pool Community
Community Features Public Transportation
Utilities Available Electricity Available, Sewer Connected, Water Available
Amenities Available Pool, Racquetball, Tennis Court(s)
View Y/N Yes
View Pond
Accessibility Accessible Entrance
Building
Lot Description < 1/4 Acre
Story 1
Entry Level One
Foundation Slab
Level or Stories One
Schools
Elementary Schools Richland/Creekside
Middle Schools Richland/Creekside
Others
Tax ID 0807350000007000
Financing Cash
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