Saraland Multifamily Portfolio 1 Multifamily Properties Offered at $2,950,000 in Saraland, AL

LAH Commercial Real Estate and SVN Toomey Property Advisors are pleased to present this 24 unit value add Multifamily asset located in the very strong market of Saraland, AL, consisting of 3 duplexes, 2 single-family homes and a 16-unit multifamily building.
All units have washer/dryer connections, updated finishes, and are 100% occupied; value-add lies within the rents, as they are under market.
Saraland is one of Mobile County’s fastest-growing cities, with its population increasing steadily over the past decade – from approximately 13,000 in 2010 to over 16,000 today- reflecting sustained demand for housing, services, and commercial amenities.
This portfolio has immediate access to Interstate 65, Highway 43, and Industrial Parkway (AL-158) and is situated in one of the best school systems in the state, adding strong value in that regard.
Residential home values have shown upward movement, with recent double-digit increases in median sale prices, indicating strong underlying market demand.
Saraland, AL boasts solid rental rates and home ownership levels, reinforcing a stable consumer base for housing.
Call Brokers for additional details and financials.
Multiple Addresses: 818 Saraland Blvd | Saraland, AL 36571 & 16-26 Glass Street | Saraland, AL 36571