Alabama Multi-Family Commercial Real Estate

Park Place is well located in the heart of Millbrook. A good selection of grocery, drug, and value-priced retailers are all within walking distance to the property. The Walmart Supercenter is less than 1.5 miles west of the property, and there is a full menu of shopping options at the Prattville Town Center, and High Point Town center, both less than a 5-minute drive from Park Place. Residents of Park Place also like the proximity of the property to Stanhope Elmore High School, Millbrook Middle School, Coosada Elementary, and Airport Road Intermediate School. The economic stability of the River Region and Park Place’s bullseye location assures that this asset will always be a well-occupied and very profitable investment for anyone looking to purchase a strong multifamily property. SVN | JJMottram and SVN/Chicago Commercial are pleased to present the Park Place Apartments. This offering represents an opportunity to acquire a 40-unit multifamily complex in Millbrook, Alabama. Built in 2006, Park Place features a good mix of 1, 2, and 3 bedroom units. Each apartment features all the conveniences, and the property offers plenty of surface parking. This 40-unit complex is nestled on a tree-lined 2.5-acre parcel. Park Place is currently 100% occupied.

LOCATED MINUTES FROM THE GULF BEACHES IN ALABAMA! This cash-flowing machine is located in Foley, Alabama with 5 million tourists that visit every year and is only a 25-minute drive to Gulf Shore Beaches. Attractions include OWA (roller coaster park), miniature putt-putt, go-karts, and shopping malls on US-Highway 59. We call this the “Vegas Strip” of Foley, Alabama. This is where many restaurants are located for you to enjoy. Baldwin County is the FASTEST growing county in Alabama! Large variety of attractions to tourists. 40 minutes from Pensacola Beach, and 55 minutes from Mobile, Alabama and the USS Alabama (Museum) THE MAGNOLIA RV PARK IS A 48 LOT RV PARK THAT SITS ON A 4.9 ACRE LOT IN MAGNOLIA SPRINGS ALABAMA. THE PROPERTY IS JUST 20-25 MINS FROM WOULD FAMOUS GULF BEACHES, ALABAMA’S #1 TOURIST ATTRACTION. THE PARK HAS BEEN RECENTLY UPDATE AND IS IN IMMACULATE CONDITION. THE PARK HAS AN AVERAGE OCCUPANCY OF OVER 82%, WITH STEADY OCCUPANCY YEAR-ROUND. THE PARK HAS IMMENSE UPSIDE AS THE AVERAGE DAILY AND MONTHLY RATES ARE SOME OF THE LOWEST IN THE ENTIRE AREA. MAGNOLIA FARMS CURRENTLY CHARGES APPROXIMATELY $470 PER MONTH AND $40 A NIGHT, OTHER PARKS IN THE AREA CHARGE AN AVERAGE OF $550 PER MONTH AND $65 A NIGHT! THE SELLER IS OFFERING AMAZING SELLER FINANCING TERMS THAT MAKES THIS DEAL EVEN MORE ATTRACTIVE FOR AN INVESTOR. APPROXIMATE SELLER FINANCING TERMS ARE AS FOLLOWS: $550,000 DOWN PAYMENT, 4.5% FIXED IR, INTEREST ONLY PAYMENTS, 5-YEAR BALLOON. YOU CAN'T FIND FINANCING THIS GOOD ANYWHERE ELSE IN THE CURRENT MARET. (PLEASE SEE PAGE 3 FOR THE FULL SELLER FINANCING DETAILS.) CURRENTLY, THIS AMAZING INVESTMENT OPPORTUNITY HAS AN IN-PLACE CAP RATE OF OVER 13% AND A CASH-ON-CASH RETURN OF OVER 21%. DUE TO THE UNDER MARKET RENTAL RATES, THE PARK HAS MASSIVE UPSIDE FOR AN INVESTOR AS THEY CAN EASILY INCREASE THE RENTAL RATES TO THE MARKET AVERAGE. A BUYER CAN OBTAIN A CAP RATE OF OVER 15% AND A CASH-ON-CASH RETURN OF OVER 26% IN 2022, JUST BY BRINGING THE NIGHTLY AND MONTHLY RENTAL RATES TO THE MARKET AVERAGE! THESE ARE SOME OF THE BEST RETURNS YOU CAN FIND ANYWHERE IN THE COUNTRY RIGHT NOW! GIVEN ITS IMMACULATE CONDITION, RECENT IMPROVEMENTS, INCREDIBLE DEMAND AND, ITS LOCATION, THIS ASSET WILL ONLY INCREASE IN VALUE OVER TIME. THERE IS ALSO OVER .5 ARCES OF UNDEVELOPED LAND DIRECTLY NEXT TO THE RV PARK THAT IS INCLUDED IN THE SALE FOR A BUYER TO USE IN THE FUTURE! SELLER FINANCING APPROXIMATE TERMS: DOWN PAYMENT: $550,000! FIXED INTEREST RATE: 4.5% INTEREST ONLY PAYMENTS OR AN AMORTIZATION OF 30-YEARS BALLOON LENGTH: 5- YEARS MONTHLY DEBT SERVICE AS LOW AS $ 1,979! MAGNOLIA FARMS RV PARK SITS ON 4.9 ACRES WITH 48 SITES, WITH THE MAJORITY OF THE SITES BEING 50-AMP HOOKUPS. THE HIGH-END AMENITIES THE PARK OFFERS HAVE LED TO FANTASTIC OCCUPANCY RATES CONSISTENTLY YEAR OVER YEAR. THE PARK EVEN HAS A LONG WAITING LIST WITH MANY ARE RETURNING CUSTOMERS! DEMAND IS SO HIGH THAT OWNERSHIP REGULARLY HAS TO TURN PEOPLE AWAY DURING THE WINTER MONTHS (OCT-MAY)! THIS AMAZING DEMAND HAS LED TO THE PARK BEING A CASH COW WITH AN IN-PLACE CAP RATE OF OVER 13%! THE RETURNS WILL ONLY INCREASE AS THE CURRENT RENTAL RATES ARE EXTREMELY LOW COMPARED TO OTHER RV PARKS IN THE AREA! AMENITIES: THE PARK HAS CABLE, WIFI, AND PROVIDES FULL HOOK UP ACCESS FOR ALL CUSTOMERS, CLUBHOUSE FOR GUESTS, LAUNDRY AND OTHER ACTIVITIES SUCH AS A FIRE PIT AND KAYAK RENTALS, AND A HORSESHOE AREA. THE PARK ALSO HAS RESTROOMS WITH SHOWER ACCESS. UTILITIES: DESPITE OWNER PAYING FOR ALL UTILITIES AND WATER EXPENSE, IT IS ENTIRELY COVERED BY GUESTS AS PART OF THE RENTAL RATE THEY CHARGE GUESTS WITH ZERO NET COST TO THE OWNER. MANAGEMENT: TURN-KEY OPERATION! CAREFULLY MANAGED BY TENANTS WHO LIVE ON SITE, PROVIDING AROUND THE CLOCK SECURITY AND HELP FOR ALL GUESTS. 3 MANAGERS LIVE ON-SITE (UNITS A19, B12 AND, C14) WHO HELP RUN THE DAY-TO-DAY OPERATIONS IN EXCHANGE FOR FREE MONTHLY RENT. THIS IS A HUGE BENEFIT FOR AN OUT OF STATE INVESTOR AS THEY CAN FEEL COMFORTABLE KNOWING THE PARK IS BEING CARED FOR 24/7, ALL THE WHILE NOT HAVING ANY EXTRA MANAGEMENT FEES. THE MAINTENANCE STAFF IS WILLING TO STAY ON BOARD AND CONTINUE TO HELP THE NEW OWNER AFTER CLOSING, THERE ARE ALSO TWO SETS OF WORK CAMPERS WILL BE INCLUDED IN THE SALE. RECENT RENOVATIONS AND UPDATES TO THE PARK INCLUDE BUT ARE NOT LIMITED TOO: IMPLEMENTED FIBER OPTIC WIFI, OWNERS RV COMES WITH SALE OF PROPERTY (2015 GRAND DESIGN SOLITUDE, ADDED 4 RV SPOTS TO THE PARK, NEW PLUMBING AND NEW ELECTRICAL BOXES AT THE PROPERTY, NEW LANDSCAPING, NEW SIGNS AT THE FRONT OF THE PARK WHERE GUESTS ENTER, NEW CLUBHOUSE FOR GUESTS TO USE, NEW PICNIC AREA, NEW LAUNDRY FACILITY, NEW ROADS INSIDE THE PARK AND MUCH MORE! LOCATION: THIS CASH-FLOWING MACHINE IS LOCATED IN FOLEY, ALABAMA WITH 5 MILLION TOURISTS THAT VISIT EVERY YEAR AND IS ONLY A 25-MINUTE DRIVE TO GULF SHORE BEACHES. ATTRACTIONS INCLUDE OWA (ROLLER COASTER PARK), MINIATURE PUTT-PUTT, GO-KARTS, AND SHOPPING MALLS ON US-HIGHWAY 59. WE CALL THIS THE “VEGAS STRIP” OF FOLEY, ALABAMA. THIS IS WHERE MANY RESTAURANTS ARE LOCATED FOR GUESTS TO ENJOY. BALDWIN COUNTY IS THE FASTEST GROWING COUNTY IN ALABAMA! LARGE VARIETY OF ATTRACTIONS TO TOURISTS. 40 MINUTES FROM PENSACOLA BEACH, AND 55 MINUTES FROM MOBILE, ALABAMA, AND THE USS ALABAMA (MUSEUM).

This portfolio is located in Alabama with 27 in Huntsville and 1 in Decatur. Most have 3 bedroom and 1.5 baths. Several have had updates recently. Huntsville's cost of living is below the US average and is one of the most attractive features of individuals moving from high-cost markets. The Motley Fool named Huntsville #2 for High Salaries and Low Costs of Living - November 2019. In 2019, U.S. News & World Report named Huntsville the #1 Best Affordable Place to Live and #11 Best Place to Live in the country. Forbes has named Huntsville one of the Top 20 Leading Metros for Business and Kiplinger’s Personal Finance has named Huntsville one of the country’s Top 10 Cities for Raising Families. These single family homes are mostly small homes built in the 1960's. There are two Section 8 houses currently. Plans are to make 2 of the empty ones Section 8.

This MHP is located in Smiths Station, AL. Portfolio consisting of 5 properties sold together: Buckeye Acres MHP - 16524 US Hwy 280 E, Smiths Station, AL 36877 Caroline's Haven MHP - 953 Lee Road 207, Phenix City, AL 36807 Shady Lane MHP - 888 Lee Road 243, Smiths Station, AL 36877 Eagle's Landing MHP - 4818 Lee Road 771, Smiths Station, AL 36877 Eagle's Point MHP - 4818 Lee Road 430, Smiths Station, AL 36877 Centrally located between Columbus, Georgia, Phenix City, AL & Auburn/ Opelika, AL

Located just off State Hwy 145 a mile from the new Proposed Alfa Centennial Event Center. 30 Acres with 14 park owned homes. 24 homes have been surveyed and perk tested. Currently there are only 5 acres that have been developed. Therefore, there is plenty of room for expansion to include RV lots, more mobile homes and Boat Storage. This property is located a mile from the new proposed Alfa Centennial Farm Event Center which is expected to hold events 300 days per year. 4 of the 14 units are currently leased. Therefore, there is a wide gap for value add. Also, all units are separately metered for water but the current owner is paying water. This can easily be passed on to the tenants.

Located in the heart of downtown Tuscaloosa.

Convenient location to services; close to elementary school 36 Unit, all 2 bedroom in three buildings on 6.8 acres, close to elementary school. Section 8 HAP contract. Confidentiality agreement required for full package information. Owner requires no showings without advance notification: Tours, inspections and conversations with site staff are prohibited without advance owner permission and proper escort. Additional contiguous land is available.

Located in Dothan, Alabama in the Wiregrass Region of Southeastern Alabama directly across the street from Southeast Health Hospital (the largest employer in Dothan) and 2 miles away from ACOM (Alabama College of Osteopathic Medicine). Development of Phase 1 will consist of 230 apartment units varying in size and style with a pool, trash compactor, carwash/ maintenance building, 6 garage buildings (18 attached garages, 40 external garages (1 H/C), 401 surface parking spaces and a leasing and mail center. Development of Phase 2 will consist of 132 apartment units varying in size and style with 255 surface parking spaces and 2 garage buildings (with external 12 garages).

Robina's Mini Storage is located in on U.S. HWY 231 in Union Grove, a city within the Huntsville-Decatur Combined Statistical Area. The facility is located on a main thoroughfare running between Huntsville and Arab and has great visibility from the roadway. Robina's Mini Storage is a 66-unit, 8940 NRSF facility located in Union Grove, Alabama. There are multiple income streams with this property including self storage rental, a single family rental home and two 1500 sq.ft. leased auto maintenance garages. There is additional warehouse space which is currently being utilized as a rental office, hair salon and rental space. There is ample opportunity to add value through additional rental of this space. The self storage facility represents a value-add opportunity as rents and occupancy are currently below market and space exists to add additional units. The owner is currently operating a salon in the retail space attached to the office and would consider leasing the space from the new owner. The single family rental home is a 1622 sq.ft. 3 bed/2 bath house. The house is qualified for section 8 and is currently rented below the max allowable rental rate. The owner has recently renovated the house to include new HVAC, new flooring, new back door and new paint. The current owner isn't actively pursuing the self storage business. Based on a very conservative 75% occupancy, the Net Operating Income is over $45,000. Before the owner's husband passed away, the facility was typically 95%+ occupied.

• 8 minutes from Maxwell AFB, 7 min. from Montgomery Capitol, 8 min. from ASU campus, 7 min. from Huntingdon College and 6 min. from I-65 • All units fully renovated • New utilities in every unit • Room for rent growth •Security Gate newly built surrounding property

Located in Opelika, Alabama. 3 MHP Sold Together. 1100 York Avenue, Opelika, AL - Rainbow Acres MHP Price: $500,000.00 Building Size: 20,000 SF Number of Units: 10 Lot Size: 2.84 Acres There is a total of 13 occupied park-owned homes on this property. There is a total of 22 occupied lots on property. 719 Fruitland Avenue, Opelika, AL - P&B MHP Price: $362,500.00 Building Size: 15,000 SF Number of Units: 15 Lot Size: 2.94 Acres There is a total of 29 lots – 3 occupied lots and 26 vacant lots. 290 Lee Road 43, Opelika, AL – Countryside MHP Price: 260,000.00 Building Size: 16,000 SF Number of Units: 10 Lot Size: 4.44 Acres There is a total of 7 park-owned homes on property – 4 occupied and 3 vacant homes.

Property located in Eufaula, AL Newly renovated and just now Leasing-up multi-family in area with a shortage of housing. 32 units ... 16 units are 2 bedroom, 1 bath ... 16 units are 1 bedroom, 1 bath. Target rents for 2/1's are $695/mo and 1/1's are $600/mo. Buildings are brick with commercial metal roofing. New vinyl windows and patio doors, new floor covering, new kitchens and appliances Office building with a laundry. Laundry room was just updated with new technology. All new LED parking lot lights were just installed. Completely Fenced. Paved parking. Green space. Adjacent to shopping areas.

This property is at 290 Lee Road 43, Opelika, Alabama. There is a total of 7 park-owned homes on property - 4 occupied and 3 vacant homes. Utilities: Water Supply - City - Paid by Tenant Sewer System - Septic Electric - Paid by Tenant Gas - LP Gas - Paid by Tenant Trash: Dumpster - City - Paid by Park

Located in Opelika, Alabama. There is a total of 29 Lots - 3 occupied lots and 26 vacant lots. Utilities: Water Supply - City - Paid by Tenant. Sewer System - City - Paid by Tenant. Electric - Paid by Tenant. Gas - Natural Gas - Paid by Tenant. Trash - Curbside - City.