Multifamily Package in Birmingham AL

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Multifamily Package in Birmingham AL

Residential Real Estate Agent, Investor and Mentor · Birmingham, AL · Member since 2013 · 257 posts · 61 votes

34 units for sale that consist of a 10 plex, 2 x 8 plexes, and 2 x 4 plexes. Professional property management is in place and desires to remain in place. $1.2M sale price. $17,000 rents per month. Most are 2/1 units. Placing 20% down, this will generate 12% CoC assuming 50% in expenses for management fees, insurance, taxes, and repairs.

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  • Lender · Elmhurst, IL · Member since 2018 · 100 posts · 24 votes
    7y

    Let me know if anyone interested needs financing. I'm at your service.   

  • Josh HooperPro Member
    Investor · Atlanta, GA · Member since 2016 · 74 posts · 34 votes
    7y

    Interested in more details, if you can provide addresses, rent rolls and expenses for the past several years.

    Thanks

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