151 3rd Ave, Odenville, AL 35120

Calling all investors! Here is your chance to acquire a fully renovated, brick structure apartment complex that is fully occupied with room to increase rents!! Asking price reflects an 8.5% cap rate with the opportunity to achieve a 10%+ cap rate after slightly bumping rental rates! This apartment complex currently generates a net profit of $76,276/year (Trailing 12 and supporting documentation available upon request). There's room to bump rents that will increase the annual net profit amount to approximately $85,336/year. Happy to share all supporting documentation and discuss figures with interested and qualified investors! Apartment Complex Details; 8 Units (All 2BR/2BA/1,100sqft), All units updated in 2022, All Brick, All Electric, Separately metered, Washer/Dryer connection, Hardwood Floors throughout, LVP in bedrooms. Agents welcome! 2.5% to Selling Agent.