Alabama 14-Unit Multifamily Estate Portfolio

Introducing the Alabama 14-Unit Multifamily Estate Portfolio, an exceptional investment opportunity in the vibrant city of Decatur. Located in a prime spot, this offering is near Alabama's notable landmarks, including the renowned Point Mallard Park, the historic Old State Bank, and the stunning Wheeler National Wildlife Refuge. The area is also home to an array of dining, shopping, and entertainment options, ensuring a desirable lifestyle for potential tenants. With its convenient access to major roadways and proximity to employment centers, the location presents an attractive opportunity for a multifamily/low-rise/garden investment in Decatur.Introducing an exceptional investment opportunity in Decatur, Alabama—14 multifamily properties that are well maintained with recent renovations. The portfolio consists of three 4-plex buildings and one duplex that boasts an impressive 100% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with immediate in-place rental income in the dynamic Decatur real estate market. Portfolio includes: 1816 Glenn Street, Decatur, AL 35603, built 1985, 4 units, property tax $1,997.73; insurance $2,147.22 1803 Graymont Lane, Decatur, AL 35603, built 1985, 4 units, property tax $2,024.91; insurance $2,176.35 1809 Windover Place, Decatur, AL 35603, built 1985, 4 units, property tax $2,018.58; insurance $2,145.90 202 Somerville Road, Decatur, AL 35601, built 1956, 2 units, property tax $1,638.06; insurance $1,298.89