Presenting the Hawthorne Apartments Portfolio, a stabilized two-parcel multifamily property totaling 52 units in the heart of Phenix City, Alabama. Situated on adjacent sites along 4th Avenue, this well-maintained, garden-style community provides investors with immediate scale, dependable cash flow, and rental upside in a steadily growing submarket of the Columbus–Phenix City MSA.
Property Highlights
• Total Units: 52 (mix of one- and two-bedroom floorplans)
• Total Lot Size: ±5.04 acres (combined)
• Combined Building Area: ±97,000 sq. ft.
• Year Built: Circa 1950 (solid masonry construction)
• Zoning: Apartments – 4 units & greater (multifamily)
• Parking: Surface parking for residents and guests
2300 & 2400 4th Avenue
• 52 units across approximately 97,000 sq. ft.
• Situated on ±5.04 acres combined
• Mix of one- and two-bedroom units
• Classic garden-style design with two-story buildings
Investment Highlights
• Fully stabilized and income-producing asset
• Recent upgrades supporting strong rental demand
• City water & sewer with low-maintenance systems
• Convenient location near schools, retail, and major highways
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Opportunity
The Hawthorne Apartments Portfolio offers investors a well-located, solidly built asset with significant repositioning potential. Whether pursuing a light renovation strategy to capture market rents or a full modernization for long-term appreciation, this portfolio is poised for strong returns in a market with proven rental demand.