Alabama 34 Unit Multi & Single Family
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Alabama 34 Unit Multi & Single Family
14 Properties Offered at £2,816,820 in Multiple Locations
Investment Highlights
- Well maintained investment properties providing in place cash flow.
- Decatur attractions such as Point Mallard Park, Cook's Natural Science Museum, and the Wheeler National Wildlife Refuge provide residents with escapes
- Birmingham Portfolio offers a blend of urban convenience and natural beauty, with close proximity to charming city parks.
Executive Summary
This full package includes 3 portfolios that have been combined for investors that require more units for greater returns. The Decatur portfolios include 7 buildings with a total of 26 units while the Birmingham portfolio includes 8 single-family rentals. These properties have received recent updates, including some new roofs and HVAC units. Some units offer granite countertops and new appliances. Located in close proximity to nearby shopping and entertainment, and offers an easy commute to the Toyota Mazda plant and other industry located between Decatur and Huntsville. These properties currently have a 92% occupancy rate.
The Birmingham portfolio offers 8 single-family homes located in the metro area of Birmingham. These properties offer a good value-add opportunity with management improvements. These homes are currently Section 8 properties and there's opportunity to improve the rental income with lease renewals. The attached brochure includes details about the potential income increases based on HUD FY24 Fair Market rents. Owner has made various interior and exterior improvements to the properties.
Seller may consider selling individual properties.
The Birmingham portfolio offers 8 single-family homes located in the metro area of Birmingham. These properties offer a good value-add opportunity with management improvements. These homes are currently Section 8 properties and there's opportunity to improve the rental income with lease renewals. The attached brochure includes details about the potential income increases based on HUD FY24 Fair Market rents. Owner has made various interior and exterior improvements to the properties.
Seller may consider selling individual properties.
Taxes & Operating Expenses (Pro forma - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | £2,816,820 | Number of Properties | 14 |
| Price / SF | £76.38 / SF | Individually For Sale | 0 |
| Net Initial Yield | 8.24% | Total Building Size | 36,877 SF |
| Sale Type | Investment | Total Land Area | 3.71 AC |
| Status | Active |
| Price | £2,816,820 |
| Price / SF | £76.38 / SF |
| Net Initial Yield | 8.24% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 14 |
| Individually For Sale | 0 |
| Total Building Size | 36,877 SF |
| Total Land Area | 3.71 AC |
Properties
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Len Johnson -
Elaine Wales -
Gateway Alabama Realty Group, LLC
1 of 34
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Alabama 34 Unit Multi & Single Family
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