76 Single-Family Home Investment Portfolio in Montgomery, AL

76 Single-Family Home Investment Portfolio Montgomery, AL 36116

76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116
76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116
FOR SALE
Property Type:
Other Hospitality
Amount:
$9,424,000
Last Verified:
Apr 23, 2024

Highlights

  • 76 Single-Family Rental Properties
  • Financials available upon request
  • Total SF of Properties 119,282
  • Price $79.00 PSF
  • Unit Mix 2 Bedrooms, 3 Bedrooms, 4 Bedrooms & 5 Bedrooms
  • Investment Sale
  • 8.77% Cap Rate
  • Montgomery's population is 198,665±
  • Population growth of 7.21% since 2000
  • Excellent Opportunity with Unique Mix of Homes for Value Add and/or Substantial Long Term Hold for Rental & Value Growth

Description

76 Single-Family Home Investment Portfolio in Montgomery, AL

The City Of Montgomery Should Experience Steady Growth Over The Next Few Years. The Stable Economic Base,
Cultural Amenities, Location, and Population Growth Are Positive Factors For Real Estate Investment And Development
Activities. Hyundai is Located On The Outskirts Of Montgomery And Built A $1 Billion Plant, The First Of Its Kind In
The United States. Secondary Automotive Plants Have Also Located In Montgomery, As Well. Growth In The Eastern Section
Of Montgomery And Revitalizations Of Urban Areas, Such As The Montgomery Central Business District Are Expected To Continue.

Building Size: 119282sq ft
Lot Size: 0 acres


Documents

Sale Brochure_ 76 Single-Family

Map of 76 Single-Family Home Investment Portfolio, Montgomery, AL, 36116

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.