Multifamily
Mobile 3 Property Portfolio
1854 Old Government St, Mobile, AL 36606
Listing Price: Request For Offer
Investment Overview
Marcus and Millichap has exclusively listed a 3 property portfolio in Mobile, AL. With a total of 55 units all within 2 miles of each other on the main road going through Mobile, this portfolio features historic architecture with newly renovated interiors. A highly demanded product in the Mobile area shows immediate upside by increasing rents to meet the market.
Mobile 3 Property Portfolio
Investment Highlights
- All three properties are located in highly sought after areas, with two being in the vibrant Midtown Submarket and another being minutes from the Downtown Central Business District
- One-of-a-kind historical architecture with modern interior upgrades highly desired by tenants
- Significant value-add upside by raising rents to market prices
- Entire portfolio located within 1.6 miles of each other, allowing for easy management
Broker of Record
Financing By
Investment Highlights
- All three properties are located in highly sought after areas, with two being in the vibrant Midtown Submarket and another being minutes from the Downtown Central Business District
- One-of-a-kind historical architecture with modern interior upgrades highly desired by tenants
- Significant value-add upside by raising rents to market prices
- Entire portfolio located within 1.6 miles of each other, allowing for easy management
Investment Overview
Marcus and Millichap has exclusively listed a 3 property portfolio in Mobile, AL. With a total of 55 units all within 2 miles of each other on the main road going through Mobile, this portfolio features historic architecture with newly renovated interiors. A highly demanded product in the Mobile area shows immediate upside by increasing rents to meet the market.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments
Financing By
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