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Details
Excellent Investment Opportunity. This is a 62-unit, 14 property portfolio across Florence, Muscle Shoals, Sheffield and Tuscumbia. Fully occupied, Cash flowing portfolio. $39,500 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. All but two properties have brand new architectural shingle roofs with transferable warranties. Many brand-new air-conditioning units. More than $500k in CAPEX has been put into these properties. Several units below market rent with room for immediate increase.PROPERTY FEATURES
Water Source : Public
Sewer Source : Public Sewer
126 Total Parking
Parking Features : Assigned, Driveway, Parking Lot, Off Street, Private
Open Parking On Property.
Exterior Features: Balcony, Lighting
Patio And Porch Features : Patio, Deck, Porch, Covered Deck
Zoning Description : Multi Family,Residential
Cooling in Property:
Cooling: Central Air, Window Unit(s)
Heating in Property:
Heating : Central, Electric, Individual
Appliances : Dishwasher, Electric Water Heater, Gas Water Heater, Refrigerator, Oven, W/D Hookup
Number Of Buildings : 14
PROPERTY DETAILS
Street Address: 415 Roosevelt Circle
Unit# A-D
City: Muscle Shoals
State: Alabama
Postal Code: 35661
County: Colbert
MLS Number: 21844776
Courtesy of Keller Williams Realty
City: Muscle Shoals
State: Alabama
Postal Code: 35661
County: Colbert
MLS Number: 21844776
Courtesy of Keller Williams Realty
Courtesy of Engel & Volkers Lauderdale
Courtesy of A.H. Sotheby's Int. Realty