INSANE OPPORTUNITY!!!!!
77 units. 18 buildings on 3 parcels. 23 x 1bed/1bath, 31 x 2bed/1bath, 17 x 3bed/1bath, 6 x 4bed/1bath units. Potential to increase rents to up to $1000 per unit after cosmetic improvements!!!! Brick construction. Separate electric and water meters, tenants pay all utilities. City water and sewer. Central heat and air. Long term tenants. 17 units are on section 8 program. Minutes away from Wind Creek Casino & Hotel Atmore. One hour away from Mobile, AL and Pensacola, FL. Property will generate a 16.53% NET RETURN ON INVESTMENT!! Over a MILLION DOLLARS in equity after repairs!!! Property can be purchased as a whole or in packages of 48, 14 and 15 units. Renovation crew is available to work on these units.
Professionally managed. Financing is available.