Multifamily
Bridgeport Apartments
2101 5th St, Bridgeport, AL 35740
Listing Price: $2,200,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Bridgeport, AL. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE BRIDGEPORT APARTMENTS.
Broker of Record
Financing By
Listing Price: $2,200,000
Investment Highlights
- Top of hill scenic views
- Located 35 miles from Chattanooga, TN, and 28 miles from Scottsboro, AL. Bridgeport resides in northeastern Alabama near the Tennessee and Georgia border
- Rents are currently $91 below market rate.
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Bridgeport, AL. This offering will allow a potential investor to purchase a rare Value-Add Opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE BRIDGEPORT APARTMENTS.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
