<\/p>\n
Investors seeking immediate cash flow and stability in the Alabama market will find exceptional value in this 3-building multi-family portfolio<\/b>. Strategically located in the Anniston area, this portfolio is priced at $969,000<\/b> and features a proven track record of full occupancy and professional management.<\/p>\n
\nFinancial Performance & Portfolio Highlights<\/h2>\n
This portfolio is a “buy-and-hold” dream, offering a solid 5.89% Cap Rate<\/b> and an impressive Net Operating Income (NOI) of $58,913<\/b>.<\/p>\n Price:<\/b> $969,000<\/p>\n<\/li>\n Occupancy:<\/b> 100% (Fully Leased)<\/p>\n<\/li>\n Structure:<\/b> Classic, low-maintenance brick construction.<\/p>\n<\/li>\n Unit Mix:<\/b> All units are high-demand 2-Bedroom \/ 1-Bathroom<\/b> configurations.<\/p>\n<\/li>\n Management:<\/b> Established professional property management is already in place, making this a truly passive investment from day one.<\/p>\n<\/li>\n<\/ul>\n The portfolio is comprised of three well-maintained buildings across two key locations, offering operational efficiency:<\/p>\n Connemara Place (604 & 608):<\/b> Two buildings situated directly next door to each other. This setup simplifies maintenance and tenant oversight while providing ample parking<\/b> for all residents.<\/p>\n<\/li>\n Cave Road (40):<\/b> A third brick structure that rounds out the portfolio, maintaining the same consistent unit quality and demand.<\/p>\n<\/li>\n<\/ol>\n Anniston, AL, continues to be a target for investors looking for affordable entry points with strong rental yields. With a 100% occupancy rate<\/b>, this portfolio demonstrates the consistent demand for quality 2BR housing in the area.<\/p>\n Low Maintenance:<\/b> Durable brick exteriors reduce long-term CAPEX.<\/p>\n<\/li>\n Cash Flow:<\/b> Immediate revenue stream with no lease-up period required.<\/p>\n<\/li>\n Scalability:<\/b> Perfect as a cornerstone for a new portfolio or a high-yield addition to an existing one.<\/p>\n<\/li>\n<\/ul>\n Addresses:<\/b> 604 Connemara Place, 608 Connemara Place, and 40 Cave Road, Anniston, AL.<\/p>\n<\/li>\n Parking:<\/b> Plenty of off-street parking available at the Connemara location.<\/p>\n<\/li>\n Financials:<\/b> Detailed P&L statements and rent rolls are available upon request.<\/p>\n<\/li>\n<\/ul>\n Investment Summary:<\/b> Stabilized multi-family assets at this price point are rare in the current market. With professional management already handling the heavy lifting, this is a premium opportunity for out-of-state or local investors alike.<\/p>\n<\/blockquote>\n <\/p>\n Ready to review the numbers? Email, call, or text today for additional financials and to schedule a portfolio overview.<\/b><\/p>\n <\/p>\n <\/p>\n PROPERTY HIGHLIGHTS:<\/strong><\/p>\n Turnkey Investment: 3-Building Apartment Portfolio in Anniston, AL 100% Occupied | 5.89% Cap Rate | High-Performance Multi-Family Asset Investors seeking immediate cash flow and stability in the Alabama market will find exceptional value in this 3-building multi-family portfolio. Strategically located in the Anniston area, this portfolio is priced at $969,000 and features a proven track record of full occupancy and professional management. Financial Performance …<\/p>\n","protected":false},"featured_media":519620,"comment_status":"closed","ping_status":"closed","template":"","property_category":[8687],"property_action_category":[8851],"property_city":[9863],"property_area":[9297],"property_county_state":[81],"property_features":[9932,9947,9951,9924,9923,9937,9933],"property_status":[7427],"class_list":["post-519619","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_category-united-states","property_action_category-commercial","property_city-weaver","property_area-calhoun","property_county_state-alabama","property_features-community-activities","property_features-hospital","property_features-large-kitchen","property_features-parking","property_features-patio","property_features-sewer","property_features-water-access","property_status-active"],"yoast_head":"\n\n
\nStrategic Layout & Locations<\/h2>\n
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\nThe Anniston Advantage<\/h2>\n
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\nProperty Specifics<\/h2>\n
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\n<\/h2>\n
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\n <\/i>3 Building Brick Portfolio<\/td>\n <\/i>$58,913 Annual NOI<\/td>\n <\/i>Ample Off-Street Parking<\/td>\n <\/i>Investment & Income<\/td>\n <\/td>\n<\/tr>\n \n <\/i>100% Occupancy Rate<\/td>\n <\/i>All 2 Bed \/ 1 Bath Units<\/td>\n <\/i>Strong Monthly Cash Flow<\/td>\n <\/td>\n <\/td>\n<\/tr>\n \n <\/i>5.89% Cap Rate<\/td>\n <\/i>Management Already in Place<\/td>\n <\/i>Commercial Property<\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"