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Buy&Hold (Seller Finance): 148 Unit Single Family Rental Portfolio, Birmingham, AL+ $15,200,000

Single Family Investment Opportunity



Price

$15,200,000


OFF-MARKET PORTFOLIO OFFERING

148-Unit Single-Family Rental Portfolio

Birmingham, Alabama | Scattered-Site SFR Portfolio


Portfolio Overview

We are pleased to present an off-market opportunity to acquire a 148-property single-family rental portfolio consisting of scattered-site homes throughout the Birmingham, Alabama MSA. This portfolio offers immediate in-place cash flow, diversification across submarkets, and attractive seller financing, making it well-suited for both institutional and private investors.

  • Total Units: 148 Single-Family Homes

  • Location: Birmingham, AL (scattered sites)

  • Occupancy: ~87% (per most recent rent roll)

  • Current Monthly Rent Roll: ~$130,246

  • Annualized Gross Rent: ~$1,560,000

  • Condition: Mixed condition; majority turnkey / rent-ready, with light value-add upside


Full diligence materials, including:


Financial Highlights

  • Stable in-place cash flow from a diversified SFR portfolio

  • Opportunity to increase occupancy and optimize operations

  • Strong demand for workforce housing in the Birmingham MSA

  • Scattered-site structure reduces tenant and location concentration risk


Attractive Seller Financing Structure

The seller is highly motivated to utilize seller financing and is flexible on terms. The primary objective from the buyer is seller financing; all other terms are open for negotiation.


Proposed Deal Structure:

  • Purchase Price: $15,200,000

  • Down Payment: $8,450,000

  • Seller Carry: $6,750,000

  • Interest Rate: Open for negotiation

  • Amortization: Open for negotiation

  • Balloon: Open for negotiation

This structure significantly reduces dependence on traditional bank financing and enhances execution certainty.


Investment Thesis

  • Immediate income with seller-financed leverage in place

  • Scalable SFR portfolio in an affordable, landlord-friendly market

  • Ability to drive value through occupancy stabilization, rent growth, and professional management

  • Ideal for funds, family offices, or high-net-worth investors seeking yield and long-term appreciation


Fees & Offer Submission


Serious, qualified buyers only. Additional information and diligence materials available upon review of interest.


All current and future off-market deals are shared in our private Deal Room:


Inquiries / NDA Requests: investments@promiselandrealtyllc.com


Property Map


TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.


OFFICIAL PROMISELAND LENDING PARTNER


100% Financing for Rehab Projects

Powered by Residential Capital Partners

ResCap is a direct private lender offering zero-money-down loan options for 1-4 unit residential investment flips & rentals across the U.S.


🔹 100% Financing – Covers purchase + rehab

🔹 Fast Closings – ~10 days

🔹 Credit Requirements – 620+ FICO (Rehab), 660+ FICO (DSCR)

🔹 Loan Size – $75K–$1.25M

🔹 Rates – 10.9%–11.9% | 2–3% origination | 1st lien

🔹 Serviced In-House | Virtual Inspections | No Owner-Occ or Rural Props

        Nationwide Coverage (Excludes: AK, AZ, NV, PA)

        Proof of Funds Available

This listing is proudly sponsored by Residential Capital Partners – trusted lending for the nation’s best flippers.
For more info email sarter@promiselandrealtyllc.com or text (864) 762-2509

Trusted by 50,000+ Investors. Featured on BiggerPockets:



  • Permission to Market Promiseland Deal

  • Personalized Support from the Promiseland team

  • Custom List of Legitimate Cash Buyers to move your deals faster

          Start playing to win. Join TEAM PLR PLAYMAKER today.




  • Exclusive Connections to Funding Sources

  • JV Equity Partnership Opportunities

  • Direct Access to REO Asset Managers

    Apply now and scale with TEAM PROMISELAND



The #1 Source for Off Market Real Estate.




PROMISE LAND REALTY LLC

Work: 864-762-2509


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Trusted by 1,000,000+ Investors. Featured on BiggerPockets:



PROMISELAND DISCLAIMER:


Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.

No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.




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