2 Condo Portfolio In Centerpoint, Alabama - Performing Rentals!
Excellent cash-flowing rental properties! These have been well maintained and recently rehabbed. Low maintenance condos. Very reasonable HOA's. Both are leased and professionally managed. Off market listing.
Asking = $75,000
Gross monthly rent = $1,520
Cap Rate (assuming 40% expense ratio) = 14.6%
Here are the Zillow Links including pictures:
1223 Magnolia Pl. Birmingham, AL 35215
3101 Chase Ln. Birmingham, AL 35215
Contact Rob Drum at [email protected] for full details.
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