N 123 Donahue Drive Auburn, AL 36832
List Price: $3,350,000.00 MLS #182392
Description: INVESTMENT OPPORTUNITY NEAR AUBURN UNIVERSITY! Acquire 4 fully occupied, updated units in a highly desirable Auburn location, approximately half a mile from downtown Auburn and convenient to Auburn University & Jordan-Hare Stadium. All 4 units are being sold together as one property, offering investors an established, income-producing multifamily asset with tenants already in place. The property consists of 4 individual units with a combined 8 bedrooms & 8 bathrooms. Each unit features updated interiors with durable LVP flooring & functional living spaces. With all 4 units currently occupied, a new owner can step into an established rental property without the immediate need to market vacant units or secure new tenants. For investors looking beyond traditional long-term rentals, the location also creates an attractive opportunity for a future short-term rental or Airbnb strategy. Proximity to Auburn University, Jordan-Hare Stadium, downtown Auburn, & the surrounding campus district positions the property well for football weekends, university events, graduations, alumni weekends, & other year-round activities. Situated next door to Momma Goldberg's, the property offers convenient access to restaurants, shopping, entertainment, campus, & downtown. The combination of 4 individual units, existing occupancy, updated interiors, & flexibility for both long-term & short-term rental strategies makes this a compelling multifamily investment opportunity in the Auburn market. SHOWING REQUIREMENTS: Listing Agent must be present for all property showings. The property is tenant-occupied, and a minimum of forty-eight (48) hours’ notice is required prior to any showing. Prospective Buyers must provide satisfactory proof of funds prior to any showing being scheduled or conducted. FINANCIAL INFORMATION: Prospective Buyers should contact the Listing Agent for the current rent roll and other available profit and loss (P&L) financial information pertaining to the property.
School System: Richland / Creekside
Neighborhood: Auburn
Lot Size: 0.26
Need More Information?
Contact Us!
List Price: $3,350,000.00