10.66% CAP
·
no dataUNITS
Single family residence
Property Type
$No NOI data
Net Operating Income (NOI)
23 unit(s)
Total Units
10.66%
CAP RATE
23
Leasable Doors
$No price data
Price per unit
Introducing the Capital City Residential Portfolio, an exceptional opportunity to acquire a strategically positioned and easily manageable collection of residential properties in the thriving Sun Belt city of Montgomery, Alabama. There are 23 total single family homes available in the offering with varying degrees of renovations upon Seller acquisition. Tenancy is voucher based with all lease agreements in place as annual.
Co-Broke Fee is 2.5% upon successful sale.
- Highly Aggressive Returns | Well Above Market
- Priced Well Below Replacement Cost | +/- $86.40 Per Square Foot
- Tenants Maintain Lawn Service and Pest Control
- Value Add Opportunity | Further Renovations Strategy
- Seller CapEx For HAP | $166,830.19 (Documented)
- Montgomery Alabama is Capital City of Alabama
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