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100% occupied and 100% collected. This is a 25-unit, 5 property portfolio across Florence. Fully occupied, Cash flowing portfolio. $16,500 per month rent roll. More than half of the units have been completely renovated with new luxury vinyl plank flooring, stainless steel appliances, fresh paint, upgraded light fixtures and more. Three properties have brand new architectural shingle roofs with transferable warranties. Many brand-new air-conditioning units in several apartments. More than $250k in CAPEX has been put into these properties. Several units below market rent with room for immediate increase. Tenants pay all their own utilities.PROPERTY FEATURES
Water Source : Public
Sewer Source : Public Sewer
75 Total Parking
Parking Features : Private
Zoning Description : Multi Family,Residential
Heating : Central
Cooling in Property:
Cooling: Central Air, Window Unit(s)
Heating in Property:
Appliances : Dishwasher, Refrigerator, Oven, W/D Hookup
Number Of Buildings : 9
PROPERTY DETAILS
Street Address: 211 Patton Street
City: Florence
State: Alabama
Postal Code: 35630
County: Lauderdale
MLS Number: 21863691
Courtesy of Northview Properties LLC
City: Florence
State: Alabama
Postal Code: 35630
County: Lauderdale
MLS Number: 21863691
Courtesy of Northview Properties LLC
Courtesy of EXIT River City Realty
