Alabama Multi-Family Commercial Real Estate

This portfolio is located in Alabama with 28 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.

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.

Located on S. Court St. in Downtown Montgomery BUILDING SIZE: 50,484± SF UNITS: 71 UNITS 46 UNITS TWO-BEDROOMS 24 UNITS ONE-BEDROOMS 1 MANAGERS UNIT FLOORS: 3 BUILDINGS: 5

Montgomery is a relatively large city located in the state of Alabama and is also the state capital. With a population of 199,518 people and 58 constituent neighborhoods, Montgomery is the second largest community in Alabama. With its deep history, Montgomery offers a rich history, incredible job opportunities, and a vibrant nightlife. The city is recognized worldwide for recent downtown revitalization and new urbanism projects. According to Forbes, Montgomery’s major industries are defense and education with a gross metro product of $18 billion. Montgomery's central location in Alabama's Black Belt makes it a processing hub for crops such as cotton, peanuts, and soybeans. The city has a large military presence due to Maxwell Air Force Base. The cost of living in the city according to Forbes was about 8% below the national average. Alabama is often called the “Heart of Dixie” thanks to the unique southern charm that pulls in millions yearly. Get ready for breathtaking shorelines, low costs and some of the kindest neighbors you’ll ever meet. Between its deep-rooted history, mouth-watering food and passion for college football, you’re going to love being a part of the authentic Alabama experience. Alabama’s GDP is at $205.626 billion. According to the Alabama Department of Labor, average weekly earnings increased over the year by $53.82. Manufacturing weekly earnings increased by $27.18 over the year, and construction weekly earnings were up $55.08 over the year. Visit www.SFRhub.com and search for portfolio 100332 for more info! This 10 home single-family residential investment portfolio in Montgomery is primarily located in the Tri-Counties area, or the River Region, within Alabama. Montgomery is the capital and the second most populous city of Alabama. According to Neighborhoodscout.com, single-family detached homes are the single most common housing type in Montgomery Alabama housing market, accounting for 69.62% of the city’s housing units. Montgomery home appreciation rates were 2.44% in June 2018, equating to an annual appreciation of 10.12%, making it one of the highest appreciating communities in the nation in 2018 and is considered a strong cash-flow market due to the strong demand for rental housing. Montgomery is home to eight colleges and universities making it a large student market with many students seeking single-family homes to rent in the surrounding areas. The portfolio is comprised of properties located throughout the city of Montgomery with some homes located just a few miles from colleges including Alabama State University, Trenholm State Community College, Troy University - Montgomery Campus and Huntingdon College, to name a few. This portfolio offers an investor immediate cash flow in the Montgomery market with 71% occupancy. This portfolio can be packaged for an investor with any of our other portfolios throughout the country. The average year-built of homes in this portfolio is 1975, with an average of 1,235 square feet per home. There is one 2-bed, 1-bath home; one 3-bed, 1-bath home; two 3-bed, 1.5-bath homes; four 3-bed, 2-bath homes; one 4-bed, 2-bath homes; and one 4-bed, 2.5-bath home. These well laid out floor plans range from 1,040 to 1,604 livable square feet, averaging 1,235 square feet. Rental rates throughout the portfolio are on average $752 a month, which are continuing to climb in this submarket and will continue bringing increased cash flow to investors bottom line over the years. This 10 home SFR investment portfolio is listed at only $59 per square foot, compared to the median list price of $76 per square foot in the Montgomery market. The Montgomery market is also at a median home value of $134,900 per home, which is 86.07% higher than the asking price of this portfolio of $72,500 per home, making this an excellent value for an investor. Montgomery home values have gone up 4.1% over the past year and are predicted to rise by 3.9% within the next year.

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 $675/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. Completely Fenced. Paved parking. Green space. Adjacent to shopping areas.

Located in Opelika, Alabama. There is a total of 13 occupied park-owned homes on this property. There is a total of 22 occupied Lots on property. 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

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.

Just off of busy Hwy 11 in the 5 Points West Area of Birmingham Lots of City Investment going into the area. The property includes Land & Building Property could have many uses at this price it makes it affordable to create the use you need.