205 S. Gay St., Auburn, AL 36830

FOR SALE
  • $2,600,000
  • 91 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
X

Description

Multi-family property used as a privately owned dorm. Situated at the corner of Gay and Thach on approximately half acre lot and gorgeous brick building. One block from Auburn University's iconic Samford Hall and campus is visible from the property. 64 beds rentable and building is 4 levels with high ceilings. Sales price is an 8 cap off of last year's NOI. NO DEVELOPMENT OR USE RESTRICTIONS ASSOCIATED WITH THIS PROPERTY TO THE SELLERS' KNOWLEDGE. Click here to learn more about this listing..

  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Size
Approximately 05 Square Feet
Assessed Taxable Amount
$313,660
Tax Amount
$16,938
Last Transaction Date
06/01/2011
Last Transaction Purchase Price
$1,001
Property Type
Apartments (5+ Units)
Bathrooms
1
Floors
2
Home Size (Sqft)
19,058
Lot Size (Sqft)
22,050
Lot Size (Acres)
0.51
Year Built
1940
Heating System
Forced Air
Cooling System
Central Air
Exterior Type
Brick

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
33,800
Median Household Income
$39,509
Median Years In Residence
7
Median Homeowner Age
27
Households with Children
45.27%
Percent of Homes Rented
45.87%

Nearby Elementary Schools

335 S Dean Rd
405 S Dean Rd
807 Wrights Mill Rd

Nearby Primary Schools

721 E University Dr

Nearby Middle Schools

332 E Samford Ave
405 S Dean Rd
655 Spencer Ave

Nearby High Schools

405 S Dean Rd
405 S Dean Rd
685 Lee Rd 61

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Century 21 Koullas Realty
(334) 887-2000
Listing Agent: Nick Hayes

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