Alabama 14-Unit Multifamily Estate Portfolio

Discover the thriving Decatur, Alabama market surrounding the sought-after 14-unit multifamily portfolio. Nestled in a dynamic area, residents enjoy proximity to a wealth of conveniences, including shopping destinations, dining options, and recreational facilities. With its close proximity to major highways and public transportation, residents experience seamless connectivity to surrounding areas and the broader Decatur region for both work and pleasure. The area's desirable amenities and accessibility make it an attractive choice for multifamily/low-rise/garden investors seeking a strategic and appealing investment opportunity in the heart of Decatur, Alabama.Introducing an exceptional investment opportunity in Decatur, Alabama—14 multifamily properties that are well maintained with recent renovations. The portfolio consists of three 4-plex buildings and one duplex that boasts an impressive 100% occupancy rate, these multifamily gems offer a prime locations within the thriving Decatur area. Units are recently renovated offering modern comforts and conveniences, ensuring tenant satisfaction and maximizing investment potential. With its strong occupancy rate and strategic positioning, this portfolio presents a compelling opportunity for multifamily/low-rise/garden investors seeking an asset with immediate in-place rental income in the dynamic Decatur real estate market. Portfolio includes: 1816 Glenn Street, Decatur, AL 35603, built 1985, 4 units, property tax $1,997.73; insurance $2,147.22 1803 Graymont Lane, Decatur, AL 35603, built 1985, 4 units, property tax $2,024.91; insurance $2,176.35 1809 Windover Place, Decatur, AL 35603, built 1985, 4 units, property tax $2,018.58; insurance $2,145.90 202 Somerville Road, Decatur, AL 35601, built 1956, 2 units, property tax $1,638.06; insurance $1,298.89