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29523631
29523630

369 Rolling Brook Dr, Rogersville, AL 35652

JK
AL 000108184, Al (+1)
Keller Williams Realty Madison
Listed by Keller Williams Realty Madison
$1,495,000
127 days on market
Updated 63 days ago

5 Rental Homes Rogersivlle Alabama built 2021-2023

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 5
Cap Rate 6.00%
NOI $86,910
Occupancy 100%
Price per SqFt $143
Year Built 2021,2023
Buildings 5
Stories 1

All brick with stainless steel appliances and granite countertops

Marketing description

Investment Opportunity: 5 Modern Single-Family Homes in Rogersville, Alabama –

We are pleased to present a lucrative investment opportunity in the burgeoning market of Rogersville, Alabama. Our portfolio comprises 5 modern single-family rental homes . Built in 2021 and 2022, these properties represent a blend of contemporary design and functional living, situated just 40 minutes from the economic hub of Huntsville, Alabama. All homes are located in the prestigious Rolling Brook Subdivision in Rogersville Alabama

Investment Highlights:

  • Diverse Portfolio: Includes four 4-bedroom, 2-bath homes and one 3-bedroom, 2-bath homes, catering to a broad tenant demographic.
  • Size & Quality: Homes range from 1,890 to 1,930 sq ft, boasting high-quality construction and modern amenities.
  • Strategic Location: Proximity to Huntsville amplifies rental demand, driven by its growing economy and employment opportunities.
  • Competitive Rents: With rents ranging from $1,800 to $1,990 per month, these properties offer attractive returns in a stable rental market.

Property Features:

  • Interiors feature high ceilings, granite countertops, and modern appliances, including tankless water heaters and stainless steel kitchen appliances.
  • Efficient designs include open floor plans, primary bedrooms on the main level, and energy-saving double pane windows.
  • Flooring consists of durable tile and vinyl, with each home equipped with a dedicated laundry room.

Financial Perspective:

  • These homes are not just residences but are valuable assets that yield a stable income, reflecting a 7.0% capitalization rate, an attractive figure in today's market.
  • The strategic location and modern amenities ensure long-term desirability and tenant retention, enhancing investment stability.

This investment is not merely about acquiring real estate; it's about securing a stake in a community poised for growth and benefiting from the economic expansion of nearby Huntsville. We believe these properties offer a balanced risk-reward profile, appealing to discerning investors seeking growth and income in their portfolio.

Listing Contacts

JK
AL 000108184, Al (+1)
Keller Williams Realty Madison
Listed by Keller Williams Realty Madison

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,910.00
$7,242.50/mo

Valuation Metrics

0
DSCR
5.81%
Cap Rate
5.81%
ROI

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