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The notable Hilltop Arms is a, 9-story, 86,500 square foot Former Apartment complex located in Downtown Montgomery, Alabama in the Historic Cottage Hills Neighborhood and Five Points. Hilltop Arms sits high atop, overlooking Downtown, offering beautiful views of the City' s Skyline and Riverfront. The 1950' s construction is just blocks away from Montgomery' s Downtown Entertainment District and minutes from Maxwell Air Force Base. The building currently sits un-occupied and needs extensive renovations. Today, Montgomery is well-known for its revitalization and redevelopment of Downtown and the Riverfront. More than 30,000 people work in the Central Business District. The city of Montgomery is currently in need of hundreds of housing units in Downtown. The demand is tremendous.
Fourteen (14) townhouses. Rental property. Estimated annual Net Operating Income: +/- $67,500.00.
Two Duplexes for sale in Montgomery, AL. Gross income $1,900 a month.
Charming triplex apartment building in great condition that stays leased. For income and expense information, contact agent.
41 unit apartment community. One and two bedroom, one bath units, some with w/d connections, seven buildings, possible tax credit or subsidized property. Property is empty, great opportunity to reposition and get in cheap.
This is a portfolio of 61 residential homes located in the city of Montgomery, AL. All are in good locations, each having established rental history's.
Great value play opportunity to acquire this all concrete garden style 24 unit apartment complex that consist of 6 separate four unit buildings on two separate touching lots. Each units needs aprox $2K to $6K to make rent ready but can completed in groups of 4 units at a time so you can see cash flow quickly. Complete 24 units expected to be completed for less than $125 to $150K Download More info here (copy and paste in browser): http://www.cashflowmonsters.com/fairwest-place-apartments-remodel-opportunity-huge-cash-flow/brochure_pages_v3-26-15_complete/ All units are 2 bed/ 1 bath units and tenants will pay electricity, water and gas. The property is expected to generate $172,000 in gross income annually and $145,000 net profit annually after the remodel
Old world charm including high ceilings, big rooms and huge windows that provide wonderful natural light. Up-to-date mechanicals for trouble-free ownership. And just-redone modern open concept interiors that will attract and retain quality tenants. Good ones already in place--management, too--so snag this investment now! Owner pays water/trash, tenants pay all other utilities.
This historic 71-unit apartment complex is in need of rehab per the owners. There are 46 one-bedroom units and 24 two-bedroom units. Excellent investment opportunity as the federal and local governments may subsidize some of the rehab investment. The sellers are very motivated and will accept all offers. The property is currently vacant. Apartment complex for sale. Won Architects Design asward when first developed in 1948 by local architect Clyde Pearson. Great location near Downtown Montgomery. Perfect for remodeling. Property listed on National Historic Register!
Camelot is a highly visible property near Montgomery Mall. It has enjoyed great success over its lifetime. The market area of this property has endured some stress in recent years, but there is activity at the Montgomery Mall, which could greatly improve the surrounding area. Camelot can be a good growth opportunity should the Montgomery Mall area continue to improve.