Well Maintained 5 House Portfolio Fully Rented! In Birmingham, AL
Real estate markets in New York, California, and Washington, DC have had a huge run up. Have you thought about transitioning your portfolio to a better cash-flow market?
Perhaps you live in San Francisco or Los Angles and you've been priced out of investing locally?
Here's an opportunity to buy a 5 house income portfolio in the cash-flow powerhouse of Birmingham, Alabama.
Price: $225,000
Gross Annual Rents: $42,720
Cap rate: 9.97%
Cash on cash return: 22.59%
4 units are paid by section 8 HAP contracts, 1 is open market rent. All have long term tenants (5 years plus on average.)
Addresses included in packet below....
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Looking for deeply discounted properties in Birmingham? CLICK HERE
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Want to see turnkey performing rental properties in Birmingham? CLICK HERE
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Looking for private lending opportunities in Birmingham? CLICK HERE