LAH Commercial Real Estate is pleased to present this 18 unit value add Multifamily property located in Montgomery, AL.
All units are 870 SF, 3 Bedroom, 1 Bathroom, with W/D connections; 10 of the 18 units are occupied.
15 out of 18 units have been fully rehabbed, with 2 of the remaining units occupied by legacy tenants and 1 remaining unit in need of a full gut rehab.
All rehabbed units come equipped with brand new finishes throughout, and all 4 buildings have new roofs, windows, and a well maintained parking lot.
The value add lies within the current rents being under market and the opportunity to rent out the remaining vacancies while completing minor repairs on the remaining 3 units.
Rental demand is high in the area and this unique unit mix provides a new prospective investor with ample opportunity for growth and strong cash flow.