Alabama 14-unit Estate MF Portfolio Multi-Family FOR SALE


Decatur, AL
$1,550,000 USD
256-509-2078
, Decatur, AL for Sale
$1,550,000 USD
Multi-Family - FOR SALE
1/18
null | 7.72% Cap Rate

Alabama 14-unit Estate MF Portfolio
Decatur, AL


HIGHLIGHTS

  • 13,968 SF across four separate buildings
  • 14 units offering value-add opportunity
  • Impressive 92.8% occupancy rate
  • Achieved proven market rents
  • Well-maintained with recent updates and upgrades
  • Easy commute to major corporate manufacturing and distribution plants nearby

OVERVIEW

Introducing an exceptional investment opportunity in Decatur, Alabama—14 multifamily properties that are well maintained with recent renovations. The portfolio consists of three 4-plex buildings and one duplex that boasts an impressive 100% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with in-place immediate rental income in the dynamic Decatur real estate market.

ASK ABOUT THIS PROPERTY

Len JohnsonGateway Alabama Realty Group, LLCMore Info
256-509-2078

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Len JohnsonGateway Alabama Realty Group, LLCMore Info
256-509-2078

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.