- 16 Units (16 x 2 bedrooms) 

- Location: Birmingham AL

- Asking Price $280,000

- 5 x Units are renting @ $500/month per unit 

- 31% Occupied (11 units vacant)

- Built 1964

- Tenants pay utilities with washer/dryer connections in occupied units, tenants currently supply own appliances 

- Expenses, Waste Management Services, seasonal lawn care ($100/month)

- Managed by seller currently

- Value Add, the rehab estimate is $500K to complete all units in which the ARV will be $1.3M-$1.5M, which market rents are $700-$800/month per unit so lots of value add! 1.22 acres with room to build more units also

- Located close to schools, restaurants & retail

WE HAVE CLEAR TITLE