107 BAILEY STREET

Rainbow City, AL 35906

Sell Price:

$2,105,000.00

Lease Price:

Property Type:

Commercial

Building Size:

Land Size:

1.83 acres

Property Description


Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.

Additional Photos


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Lesa Young

Commercial Development