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Updated over 6 years ago,

User Stats

526
Posts
355
Votes
Rob Drum
Property Manager
  • Real Estate Broker
  • Bradenton, FL
355
Votes |
526
Posts

Well Maintained 5 House Portfolio Fully Rented! In Birmingham, AL

Rob Drum
Property Manager
  • Real Estate Broker
  • Bradenton, FL
Posted

Real estate markets in New York, California, and Washington, DC have had a huge run up. Have you thought about transitioning your portfolio to a better cash-flow market?

Perhaps you live in San Francisco or Los Angles and you've been priced out of investing locally?

Here's an opportunity to buy a 5 house income portfolio in the cash-flow powerhouse of Birmingham, Alabama. 

Price: $225,000

Gross Annual Rents: $42,720

Cap rate: 9.97%

Cash on cash return: 22.59%

4 units are paid by section 8 HAP contracts, 1 is open market rent. All have long term tenants (5 years plus on average.)

Addresses included in packet below....

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Looking for deeply discounted properties in Birmingham? CLICK HERE

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Want to see turnkey performing rental properties in Birmingham? CLICK HERE

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Looking for private lending opportunities in Birmingham? CLICK HERE

  • Rob Drum
business profile image
Blue Elephant Property Management
5.0 stars
2 Reviews
Offering

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