Multifamily Investment Opportunity
Price
$5,100,000
Unique Investment Opportunity: 63 Units Across 14 Properties in Alabama
Don't miss out on this extraordinary off-market real estate investment that promises substantial returns and remarkable potential. With 63 units spread across 14 diverse properties, this portfolio presents a rare and diversified income stream. Generating an impressive annual rental income of $475,000, this investment is truly a lucrative venture. Please submit all offers directly to sarter@promiselandrealtyllc.com
Property Diversity:
The portfolio encompasses a wide range of property types, from cozy duplexes to spacious 8-plexes. This diversity provides a robust foundation for your investment, ensuring stability and mitigating risk. Whether you're an experienced investor or just starting out, this portfolio has options to suit your strategy and preferences.
Prime Alabama Location:
Situated in the heart of Alabama, these properties benefit from the state's economic growth and increasing demand for housing. The Alabama real estate market is known for its stability and resilience, making it an ideal location for investors seeking long-term value.
Efficient Management:
The current management company is available to continue overseeing the properties, maintaining a hassle-free investment experience for you. Their expertise and dedication come at a reasonable 8% fee based on rents collected, ensuring that your investment runs smoothly while maximizing your return on investment.
Compelling Investment Proposition:
This exceptional investment opportunity is offered at a purchase price of $5,100,000, providing a highly competitive 10.3% capitalization rate (CAP rate). This attractive CAP rate ensures that your investment will yield strong returns and remain a valuable asset in your portfolio.
Investors, don't miss the chance to acquire this exclusive off-market listing. With a diverse portfolio, attractive rental income, and a prime location, these 63 units are poised to be a cornerstone of your real estate investment strategy. Contact us today to explore this unique opportunity and secure your future in the thriving Alabama real estate market.
Property Photos & Financials:
Property Map
"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*