Send all correspondence to therobinsonrealtyco@gmail.com or call 334-625-0668!
This exceptional 22-unit apartment building offers tremendous upside potential. Fifteen of the twenty-two units have been fully renovated and are currently tenant-occupied, two are under current renovation and being marketed to renters, leaving five units ready for remodeling—an excellent opportunity to increase value and cash flow.
Each unit ranges from 900 to 1,000 square feet and features spacious patios or balconies. Residents also enjoy access to a beautifully landscaped courtyard, providing a peaceful outdoor retreat.
Major opportunity to increase value of asset, due to the large unit sizes 900 & 1,000 square ft, an additional bedroom could be added.
Units are currently below market rent based on the Montgomery Housing Authority last updates
Current maximum allowed rental amounts:
1 Br up to $932
2 Br up to $1108
3 Br up to $1432
Located in Opportunity Zone providing additional tax incentives.
Three members of the ownership company are licensed real estate agents.