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Located in charming downtown Troy, Alabama, 111 E. Walnut Street has been totally renovated in April 2020 and considered a premier apartment (Airbnb) in the area. It was formerly the Bell South building and has 1501+/- square feet with 2 bedrooms and 2.5 baths. This property features an outside grilling area, open concept living room, dining room & kitchen, laundry room & pantry, and also has the only 5 private parking downtown on the square. Exposed exterior brick and natural wood are just some of the distinctive features of this remarkable property.
Troy boasts many amenities, including Troy University, The Pioneer Museum of Alabama, Conecuh River Military Museum, Butter and Egg Adventures, Trojan Oaks Golf Course, Troy-Pike Cultural Arts Center, lots of fashionable boutiques and wonderful dining. Plus, the exciting sporting events played at Troy University.
Troy is home to a variety of growing industries including Sikorsky Aircraft, Lockheed Martin Company, KW Plastics Recycling, Wiley Sanders Trucking, Kimber Manufacturing, and only minutes from the Walmart Distribution Center.
Troy is also conveniently located only 2 hours from the Gulf Coast Beaches, and an hour from historic Montgomery, Alabama.
Troy's population for 2021 was 17,609. The University has a student count of 15,507. Currently, apartments in Troy rent between $563 to $1,557 per month. The average 2-bedroom apartment rents for $868. This price continues to rise each year with the demands of the growing population. With 48 percent of Troy's population currently renting, this is an amazing opportunity for investors.
CALL LAKAN BECK TO SCHEDULE A PRIVATE VIEWING OF THIS PROPERTY! 334-429-3155