Overview

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.

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

Documents

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