601 Ashley Circle, Brewton, AL 36426 - Escambia County

Looking for a great investment opportunity in Brewton look no further. 601 Ashley Circle has 10 units of 2 bedroom 1 bath apartments with small laundry in each location with an avg rent of $700 per month. 605 Ashley is 6 units with one bedroom and 1 bath with an avg rent around $600. All units have central air and heat, electric range, and dishwasher. 601 Ashley was re roofed in the last 2 years. The two apartments sit on a total of two acres. There is an additional 1.68 acres parcel that could be developed for future rental properties. Zoned R-4 High Density Multi-family Residential. Every unit is 100% occupied and the demand in Brewton for rentals is only increasing. Both complexes and the adjoining land to be sold together. Seller will not split Buyer to verify all information during due diligence.

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