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3 Luker Cir
Selma, AL 36701

$474,900 USD

Apartments For Sale  •  25,371 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,371 SF
  • Lot Size 11.25 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 17.41 %
  • Zoning MULTI-FAMILY
0 Transit Score
16 Walk Score

Highlights

High quality construction
Separate electric, water and trash meters,
Tenants pay all utilities

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $91,398 USD (2026)
Cap Rate: 17.41 %
Total Expenses: $44,802 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Smoke Free
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Eli Ahmadov 754-251-0201 LOYD Realty
Eli Ahmadov 754-251-0201 LOYD Realty