1816 Glenn Street, 1803 Graymont Lane SW, 1809 Windover Place
- - 10,344 SF across four separate buildings
- - 12 unit portfolio offers value-add opportunity
- - Individual sale also available
- - Impressive 91.66% occupancy rate
- - Achieved proven market rents
- - Well-maintained with recent updates and upgrades
- - Short commute to major corporate manufacturing and distribution plants
Property Description
Introducing an exceptional investment opportunity in Decatur, Alabama—12 multifamily properties that are well maintained with recent renovations are available as a portfolio consisting of three 4-plex buildings boasts an impressive 91.66% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Or the properties are available for individual purchase. 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
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,275,000 |
| No. of Units: | 12 |
| Year Built: | 1985 |
| Opportunity Zone: | No |
| Price per unit: | $106,250 |
| Property Website | Click Here |
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