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Map
$751,248*
●
Multifamily -
Off Market
715 Lawrence St E #37
Russellville, AL 35653
37 Beds
39 Baths,
2
Half Baths
18000 Sqft
$585,000 - $715,000
Reference Base Price*
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
First (east) phase built in 1981. Second phase built in
1984. Originally built as a assisted living facility.
Major renovation in mid 1990's when a gable roof
system was added. Was operated as an independent living
up until 2014. In 2015 the entire roof was
replaced. In 2016 was sold for the intended purpose of
operating a residency youth facility. City approved
zoning. Renovation never completed and facility never
reopened. All rooms have separate heating and cooling
units. Approximately 1/3 has fresh paint walls and ceilings.
Local research indicates there is demand for rehab children
housing. There also appears to be a demand for efficiency
housing. A well managed independent living facility would
only have one local competitor.
The manager has listed the unit size as 18000 square feet.
The manager has listed the unit size as 18000 square feet.
Unit Size
18,000Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$36
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2021 | No longer available | - | |
| No longer available | |||
| Jun 8, 2021 | Relisted | $650,000 | |
| Relisted | |||
| May 21, 2021 | No longer available | - | |
| No longer available | |||
| Nov 26, 2020 | Price Decreased |
$650,000
↓ $45K
(6.5%)
|
|
| Price Decreased | |||
| Nov 21, 2020 | Relisted | $695,000 | |
| Relisted | |||
Show More
Property Highlights
Air Conditioning
715 Lawrence St E #37, Russellville, AL, 35653
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/09/2019
|
37 Bed
|
39 Bath
|
18000 ft²
|
$765,000
37 Bed
39 Bath
18000 ft²
|
-
-
|
-
|
Mike Sewell
Sewell Realty
|
Building Info
