18-Unit Established Residential Investment Portfolio - located in Rogersville AL : 4 multi-family buildings (not section 8) . Excellent investment opportunity featuring 18 established single-family apartment residences with a proven rental history and consistent tenant demand. Current market rents are approximately $1,000 per unit per month, providing potential gross rental income of $18,000 per month or $216,000 annually at full occupancy. The property is currently operating at approximately 89% occupancy, with additional rental applications currently being processed, demonstrating continued demand and upside toward full stabilization. This established income-producing property offers an investor immediate cash flow, a documented rental track record, and the opportunity to increase revenue as remaining units are leased at current market rates.
Listed By
Agency Name: Realty and Auction LLC
Agency Phone: 256-762-7797
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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6810 Co Rd 91 | MLS# 530601
This commercial property located at 6810 Co Rd 91, Rogersville, AL 35652 is currently listed for sale with an asking price of $1,999,999. Search Rogersville real estate on www.clhomes.com today.