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Alabama 12-unit Multifamily Portfolio 3 Multifamily Properties Offered at $1,793,581 CAD in Decatur, AL
Investment Highlights
- 10,344 SF across four separate buildings
- Impressive 91.66% occupancy rate
- Well-maintained with recent updates and upgrades
- 12 units offering value-add opportunity
- Achieved proven market rents
- Easy commute to major corporate manufacturing and distribution plants nearby
Executive Summary
Introducing an exceptional investment opportunity in Decatur, Alabama—12 multifamily properties that are well maintained with recent renovations. The portfolio consists of three 4-plex buildings that boasts an impressive 91.66% occupancy. These multifamily gems offer 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 in-place immediate rental income in the dynamic Decatur real estate market.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,793,581 CAD | Number of Properties | 3 |
| Price / SF | $172.59 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.90% | Total Building Size | 10,392 SF |
| Sale Type | Investment | Total Land Area | 0.81 AC |
| Status | Active |
| Price | $1,793,581 CAD |
| Price / SF | $172.59 CAD / SF |
| Cap Rate | 6.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,392 SF |
| Total Land Area | 0.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Multi-family, 1816 Glenn Street, Decatur, AL
1816 Glenn St SW, Decatur, AL 35603 |
Multifamily | 3,496 SF | 1985 | - |
| 1803 Graymont Ln SW, Decatur, AL 35603 | Multifamily | 3,448 SF | 1985 | - |
| 1809 Windover Plz SW, Decatur, AL 35603 | Multifamily | 3,448 SF | 1985 | - |
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Alabama 12-unit Multifamily Portfolio
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