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$ 509,900
Est. payment /mo
Active
316 Crown St Florence, AL 35630
1,560 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Multiple Dwellings
Listing Status Active
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $326
MLS Listing ID 531093
Year Built 1947
Property Sub-Type Multiple Dwellings
Property Description
Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio.
The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence.
Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.
The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence.
Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.
Location
State AL
County Lauderdale
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