Investment Opportunity Near I-59 In Attalla
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Summary
Property
- Type
- Undeveloped Land, Commercial Land
Land Details
- Open
Approximate Distances
| 5 mi | to Gadsden |
| 15 mi | to Hokes Bluff |
| 58 mi | to Birmingham |
| 91 mi | to Chattanooga, TN |
Description
It is an amazing investment opportunity for the savvy investor. This parcel sits in the most prime location. It is located within a stone's throw of the thriving I-59 exit in Attalla, with Super Walmart a block away, Cracker Barrel two blocks away, and many restaurants, hotels and convenience stores all within walking distance from this property. The seller, a licensed real estate agent, has already done the prep work needed to start this project. He had this property cleared, he has worked with the city council on plans and has been approved for a 64 multi-family apartment unit to be built on this site. The property is also zoned for a mobile home park, and the seller had plans drawn up for 30-plus mobile homes. The property to the east is an older apartment complex that currently has 50-plus apartments and is running at 100% capacity. The owner to the west is currently building 30-plus patio homes. So this property sits right in the middle of rental income opportunities, and you can rest assured once rentals are built or placed here, the rent will begin pouring in. Another great selling point is that city septic runs through this property, so no need to put in septic tanks, just tie right into the city septic system. The property has been cleared for the most part; it needs a few more trees removed and brush piles burned, and the seller is allowing 5K to complete this work. Call Ben Richardson or Tracy Colburn for more information.
Details
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Prime location off I-59 in Attalla
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Property cleared
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Property approved for apartment complex or mobile home park
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City septic runs through property
Other
Coordinates
33.99504, -86.09745
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.
