814 Crawford Ave | Turnkey Fourplex | Enterprise, AL Units: 4 (2 Bed / 1 Bath Each) Building Size: ±3,600 SF (±900 SF/Unit) Lot Size: 0.24 Acres Year Built: 1960 | Remodeled: 2020 Current CAP Rate: 9.9% | Pro Forma CAP Rate: 14.3% Current Gross Rent: $2,600/mo | Pro Forma Rent: $3,600/mo Investment Summary: Prime multifamily asset with value-add potential located just 7 miles from Fort Novosel and walking distance to downtown Enterprise. The property consists of four individually metered 2 bed / 1 bath units with strong rental history and stable tenants. Recent 2020 remodel included electrical (Permit #2020111) and interior upgrades, minimizing CapEx exposure for the next buyer. Highlights: • 100% Occupied – Long-term tenants • Tenants pay all utilities (individually submetered) • Units B & C have washer/dryer hookups (can be added to A & D for added value) • Flooring: Hardwood, LVP, Tile • All units include refrigerator, range, range hood, AC (heat/cool), and water heater • Off-street parking lot • Zoned multifamily (Simmons Addition) Upside Opportunities: • Raise rents to market levels ($800–$850/unit) • Add W/D hookups to A & D (+$100/mo potential) • Install backyard storage sheds (+$100/mo) • Allow pets with monthly fees (+$100/mo est.) • Total upside: +$1,000/mo in additional income Location: • 0.8 mi to Downtown Enterprise • 7.3 mi to Fort Novosel – strong military tenant pool • 2.2 mi to Enterprise State Community College • 28 mi to Dothan Regional Airport Financial Snapshot (Annual Pro Forma): • Gross Rental Income: $43,200 • Expenses: ~$7,500 (incl. taxes, insurance, lawn, pest, reserves) • NOI: $35,700 • CAP Rate: 14.3% This is a rare opportunity to acquire a stabilized multifamily property with meaningful value-add levers in a high-demand rental corridor. More photos and lease agreements available upon request after signing NDA, as this includes tenants' personal information and current interior photos Contact: Andrew Lekowski | (309) 798-4584 andrew.lekowski@yahoo.com