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Northwest Alabama Portfolio #2 15 Properties Offered at $1,795,000 in Multiple Locations
EXECUTIVE SUMMARY
Great investment opportunity in Northwest Alabama. 15 single family homes in the Florence and Muscle Shoals area. Gross annual rent $180,432, cap rate 7.5%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/square footage, parcel #, and legal description are listed on an attachment in the document section of this listing. To view properties a sales agreement contract must be signed with proof of funds received. Contract may be contingent on satisfactory showing. A 48 hour notice is required to tenants before showings, inspections, etc.
PROPERTY FACTS
| Price | $1,795,000 | Status | Active |
| Price / SF | $97.95 / SF | Number of Properties | 15 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 18,326 SF |
| Sale Type | Investment | Total Land Area | 3.76 AC |
| Price | $1,795,000 |
| Price / SF | $97.95 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 15 |
| Individually For Sale | 0 |
| Total Building Size | 18,326 SF |
| Total Land Area | 3.76 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1031 Military Rd, Florence, AL 35630 | Land | - | - | - |
| 205 Baker Dr, Florence, AL 35630 | Land | - | - | - |
| 3211 Dudley Ave, Florence, AL 35630 | Multifamily | 1,810 SF | 1955 | - |
| 319 N Patton St, Florence, AL 35630 | Multifamily | 1,751 SF | 1960 | - |
| 2222 N Wood Ave, Florence, AL 35630 | Multifamily | 1,472 SF | 1954 | - |
| 318 S Main St, Florence, AL 35630 | Multifamily | 1,450 SF | 1946 | - |
| 717 High St, Florence, AL 35630 | Multifamily | 1,225 SF | 1964 | - |
| 701 High St, Florence, AL 35630 | Multifamily | 1,216 SF | 1955 | - |
| 519 Rickwood Rd, Florence, AL 35630 | Multifamily | 1,186 SF | 1931 | - |
| 106 Pleasant Ridge Dr, Florence, AL 35633 | Multifamily | 1,152 SF | 1960 | - |
| 525 E Lelia St, Florence, AL 35630 | Multifamily | 1,089 SF | 1940 | - |
| 607 Martha Ave, Florence, AL 35630 | Multifamily | 930 SF | 1953 | - |
| 1108 Bellemeade Ave, Florence, AL 35630 | Multifamily | 906 SF | 1935 | - |
| 590 County Road 36, Killen, AL 35645 | Multifamily | 2,396 SF | 1961 | - |
| 1507 Pinehurst Blvd, Sheffield, AL 35660 | Multifamily | 1,742 SF | 1958 | - |
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Northwest Alabama Portfolio #2
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