Eastlawn Apartments and Commercial Properties Listing Details & Market Data

Cullman is the largest city and county seat of Cullman County, Alabama, United States. It is located along Interstate 65, about 50 miles north of Birmingham and about 55 miles south of Huntsville.This property located in Cullman Al, consists of 12 Multifamily units, and 2 commercial units and is priced at $75k/unit on apartments and $400k on commercial land and buildings. The apartments currently have a total average rent of $563, with a target of cutting loss to lease to bring that average over $700 within the next year. One commercial unit is a Screen printing Business has been there for 5 + years and pays $1,500/month in rent with the ability to raise rents up to $2,000/month. The second unit is occupied by a Fire and Water restoration Business Also 5 + Years, and pays $800/month with the ability to raise rents to $1,200/month.