(63 Units) 14 Properties, Florence, AL - Available Opportunity
Multifamily Investment Opportunity
$5,100,000
Unique Investment Opportunity: 63 Units Across 14 Properties in Alabama
Photos & Financials
Investment Highlights
Asking Price: $5,100,000
Occupancy: 91%
Prop Management Fee: 8%
Cap Rate: 10.3%
Asset Mix: Duplexes, Triplexes, Quadplexes, & 8-Unit Apartment Building
Cities: Florence, AL , Sheffield, AL, Tuscumbia, AL, & Muscle Shoals, AL
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 ericb@andersonandryan.com
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 Map
A&R Development & Acquisitions
Eric Brinson, REALTOR and General Contractor
Mobile: 615-987-7897
ericb@andersonandryan.com
www.andersonandryan.com
*Note* You DO NOT have permission to market this property in anyway to anyone on any social media platforms, email, or direct to someone you know. You DO NOT have permission to mark up the property for your profit. If you know someone who may want to invest with us on this property contact ericb@andersonandryan.com directly to discuss. This is an off market investment opportunity.