97 Johnson Drive
Cherokee, AL 35616
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Property is a stabilzed property with a room for value add. CAP rate is 7.21% and Pro forma CAP is 8.47%. NOI is $15,851 Currently at 100% occupancy. Pro-forma is $18,633. Either a good add on to you're current portfolio or a great break in property for the rookie investor. the other address for sale with this is 361 Johnson Dr Cherokee, AL 35616
Last checked:
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Last updated Oct 22, 2024
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MLS# 21856614 —
The Building
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New Construction:false
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# of Units Total:5
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# of Buildings:2
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Building Area Total:3734
Interior
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Levels:One
Location
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Directions:Turn Left On Johnson Both Properties Are Behing Each Other On The Loop.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:0.61
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Lot Size Units:Acres
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Lot Size Area:0.61
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Lot Size Square Feet:26571.6
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:multi
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Gas:None
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Cherokee Elementary School
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Middle School:Cherokee Middle School
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High School:Cherokee High School
The Community
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Subdivision Name:Clifton
Parking
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Parking Total:10
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Parking Features:Private
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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8/1/24
Aug 1, 2024
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Relisted | VMLS | $220,000 | |
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7/26/24
Jul 26, 2024
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Pending | VMLS | $220,000 | |
|
6/14/24
Jun 14, 2024
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Listed / Active | VMLS | $220,000 |
