Apartment for sale by owner in Luverne, AL 36049. Small apartment complex (28 units)in Luverne, AL. This property was extensively renovated in 2010/2011: new metal roofs, vinyl exterior, new appliances, new counter tops, etc. Property generated $81,560 in cash flow (after all expenses) in 2012, for an 11.6% cash-on-cash return. Management and maintenance are in place and want to stay with the property. This is a turn-key property that will cash flow from Day One.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
