Collect $38,600/month OR MORE on this 60 units Apartment Complex In Montgomery, AL
*****Great Investment Property*****
• Are you looking for real passive income?
• Are you looking to multiply your returns in real estate?
Amazing Rehab Opportunity!
One Million Dollars Income Potential
Now you can own 60 income-producing units through one property purchase!
PRICED TO MOVE QUICKLY: $395,000
This multifamily property offers multiple money-generating strategies:
Great Location: Montgomery has a population of 201,332. It is the second-largest city in Alabama, Metropolitan Statistical Area (commonly known as the Tri-Counties or the River Region population of 374,536
5 min drive from Alabama State University
1967 Built
Opportunity: Complete Rehab with One Million Dollar Income Potential.
Great Unit Mix(49 are 2 Bed/1 Bath, 11 are 3 Bed/1 Bath,)
Centrally located near Interstate 85 Dr Martin Luther King Jr Hwy, allowing tenants easy access to employment, shopping and entertainment
Major Employers: Maxwell-Gunter Air Force Base , the state of Alabama, Montgomery Public Schools, Baptist Health, Hyundai Motor Manufacturing Alabama, Alfa Insurance, the City of Montgomery, Jackson Hospital & Clinic, Rheem Water Heaters, and Regions
No Seller Financing
Purchase Price $395,000, Cash offer Preferred!!