This is an amazing rental portfolio of 26 units. Home of the crimson tide & university of alabama! All properties are located in one neighborhood, next to each other. Cbs and brick construction. Separate electric and water meters. City water and sewer. 28% population growth in the last 15 years. 200k population in msa. Next to new construction, a large student apartment complex. Minutes away from ua. Buildings are in great shape. Buildings are available to be purchased separately. Professional property management is available. Great for an out of state investor!
The vacancy rate of homes in 35401 is
12.29% with 28.88% of homes being owner-occupied. The median household income in 35401 is $34617 per year with those younger than 25 having the highest median income at $37626.