Capital City Residential Portfolio

Highlights:

• Highly Aggressive Returns | Well Above Market
• Value Add Opportunity | Further Renovations Strategy
• Priced Well Below Replacement Cost | +/- $86.40 Per Square Foot
• Seller CapEx For HAP | $166,830.19 (Documented)
• Tenants Maintain Lawn Service and Pest Control
• Montgomery Alabama is Capital City of Alabama
• Award Winning Chamber of Commerce | Great Place to do Business
• Attractive Day One Returns With Long Term Hold Upside
• Alabama Historically Low Real Estate Tax State

Description:

» Introducing the Capital City Residential Portfolio, an exceptional opportunity to acquire a strategically positioned and easily manageable collection of residential properties in the thriving Sun Belt city of Montgomery, Alabama. There are 30 single family homes and 1 duplex properties available in the offering with varying degrees of renovations upon Seller acquisition. Tenancy is voucher based with all lease agreements in place as annual.

» Under current ownership, the portfolio is expertly managed through a local real estate office, ensuring a hands-on approach and attentive local management. This asset has been meticulously maintained with generous capital expenditures upon acquisition and stabilization efforts and is operating in a sound and efficient manner. There is an opportunity to further the renovation strategy to lift the properties and generate substantial increases in rental income.

» Strategically situated in Montgomery, a city experiencing remarkable growth and embracing a new vision for economic prosperity and enhanced quality of life, the Capital City Residential Portfolio is ideally positioned. The city has implemented significant revitalization efforts to attract top talent and corporations alike. Residents and businesses are drawn to the State of Alabama's business-friendly climate with its low tax rates and favorable Sun Belt weather. Moreover, Montgomery benefits from its central location between major cities such as Atlanta, Birmingham, and Mobile, as well as its close proximity to the pristine beaches of the Gulf Coast. The presence of prominent manufacturers and distribution centers further strengthens the local economy and contributes to a high standard of living for its residents.

» This offering presents an exceptional investment opportunity for groups seeking exposure to the Sun Belt region's traditionally favorable business environment, coupled with overall better weather conditions. The area is witnessing a steady influx of capital, increasing the demand for affordable housing options. The Capital City Residential Portfolio provides the advantage of economies of scale that out-of-area investors seek, including the option to hire a full management staff upon further acquisition of like kind SFR Portfolios available in the market. Consequently, this portfolio serves as an attractive acquisition target for institutional and private equity investors, both locally and nationally, who recognize the potential for long-term returns in this dynamic market

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