Listed by Engel Realty company, LLC
$750,000
Portfolio of two income producing town-homes!
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 4,416
Units 2
Cap Rate 4.72%
NOI $35,426
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 2014
Buildings 2
Stories 2
Parking Spaces 2 per unit
Investment Type Owner/User
Well maintained with long term tenants.
Marketing description
For Sale - 2 Town-home units at Stratford Square in the highly desired Huntsville, AL suburban town of Madison.
109 Golden Rod Lane is a three-bedroom two and a half bath home with approximately 2,127 sqft, with a two-car garage accesses via a central alleyway.
117 Golden Rod Lane is a three-bedroom two and a half bath home with approximately 2,289 sqft, with a two-car garage accesses via a central alleyway.
Both units are operated as rentals and are fully occupied. As both units are fully occupied unit tours can not be conducted unless a formal LOI has been submitted and deemed acceptable.
Listing Contacts
Listed by Engel Realty company, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$35,426.00
$2,952.17/mo
Valuation Metrics
0
DSCR
4.72%
Cap Rate
4.72%
ROI
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