Multifamily
100% Project Based Section 8 Housing Portfolio
200 Catawba St, Monroeville, AL 36460
Listing Price: $5,850,000
Investment Overview
Florala Apartments multifamily housing investment opportunity is strategically located between the cities of Pensacola, Florida, and Tallahassee, Florida and is just over a mile from the Florida/Alabama state line. With its 100% project based Section 8 status, the investment offers stable and predictable cash flows, backed by government subsidies, mitigating the risk associated with fluctuating market conditions. Additionally, the historical 100% occupancy rate underscores the property's attractiveness to tenants, and positions the property as a reliable income-generating asset.
Catawba Ridge Apartments multifamily investment opportunity is strategically located between Mobile, Alabama and Montgomery, Alabama. With its 100% project based Section 8 status, the investment offers stable and predictable cash flows, backed by government subsidies, mitigating the risk associated with fluctuating market conditions. Additionally, the historical 100% occupancy rate underscores the property's attractiveness to tenants, and positions the property as a reliable income-generating asset.
Investment Highlights
- 100% Project Based Section 8 Housing
- Historically Well-Occupied
- All brick buildings in durable condition
- Located in Monroeville, AL and Florala, AL
Exclusively Listed By
Broker of Record
Financing By
Investment Highlights
- 100% Project Based Section 8 Housing
- Historically Well-Occupied
- All brick buildings in durable condition
- Located in Monroeville, AL and Florala, AL
Investment Overview
Florala Apartments multifamily housing investment opportunity is strategically located between the cities of Pensacola, Florida, and Tallahassee, Florida and is just over a mile from the Florida/Alabama state line. With its 100% project based Section 8 status, the investment offers stable and predictable cash flows, backed by government subsidies, mitigating the risk associated with fluctuating market conditions. Additionally, the historical 100% occupancy rate underscores the property's attractiveness to tenants, and positions the property as a reliable income-generating asset. Catawba Ridge Apartments multifamily investment opportunity is strategically located between Mobile, Alabama and Montgomery, Alabama. With its 100% project based Section 8 status, the investment offers stable and predictable cash flows, backed by government subsidies, mitigating the risk associated with fluctuating market conditions. Additionally, the historical 100% occupancy rate underscores the property's attractiveness to tenants, and positions the property as a reliable income-generating asset.
Exclusively Listed By
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments