Description
Excellent Investment Opportunity. This is a 62-unit, 14 property portfolio across Florence, Muscle Shoals, Sheffield and Tuscumbia. Fully occupied, Cash flowing portfolio. $39,500 per month rent roll. More than half of the units have been completely renovated with new luxury vinyl plank flooring, stainless steel appliances, fresh paint, upgraded light fixtures and more. All but two properties have brand new architectural shingle roofs with transferable warranties. Many brand-new air-conditioning units. More than $500k in CAPEX has been put into these properties. Several units below market rent with room for immediate increase.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Excellent Investment Opportunity. This is a 62-unit, 14 property portfolio across Florence, Muscle Shoals, Sheffield and Tuscumbia. Fully occupied, Cash flowing portfolio. $39,500 per month rent roll. More than half of the units have been completely renovated with new luxury vinyl plank flooring, stainless steel appliances, fresh paint, upgraded light fixtures and more. All but two properties have brand new architectural shingle roofs with transferable warranties. Many brand-new air-conditioning units. More than $500k in CAPEX has been put into these properties. Several units below market rent with room for immediate increase.
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