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Brit Foshee
  • Investor
  • Fort Myers, FL
197
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462
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Off Market Value Add 20 Unit in Alabama

Brit Foshee
  • Investor
  • Fort Myers, FL
Posted Feb 13 2018, 14:43

20 Unit Value Add Opportunity in Montgomery Alabama.

18 of 20 units leased with rent increases needed.

Some repairs have been made, but additional repairs will be needed.

Currently brings in $8,000 a month with around $2500 in monthly expenses.

Room down stairs that is perfect for laundry to add additional income.

Possible to increase gross rents to over $10,000 a month.

Asking $695,000.

We believe it's possible to push valuation to $1,000,000 with the right team.

Offering

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