Multifamily
The River
Crest Club Cir, Valley, AL 36854
Listing Price: $35,500,000
Investment Overview
Built in 1998 and nestled between Columbus, GA and Auburn, AL, The River will arrive to market boasting 98% historical occupancy with nearly 100% collections and offers future ownership the opportunity to step into a strong day one yield with room for further top-line growth via continued interior value-add renovations, a measure already proven across approximately 20% of units which are yielding +/- $150/month rental premiums.
Investment Highlights
- The River apartments, a 208 unit multifamily community located in Valley, Alabama
- Strategically situated within a ten minute commute of the areas top employers, led by automotive giant Kia's manufacturing plant which employs 3,000 and has created nearly 6,000 indirect jobs
- The property also enjoys convenient proximity to Auburn/Opelika, Columbus, and Atlanta's Hartsfield-Jackson International Airport, the world's busiest airport, which is situated less than an hour away
Exclusively Listed By
Listing Price: $35,500,000
Investment Highlights
- The River apartments, a 208 unit multifamily community located in Valley, Alabama
- Strategically situated within a ten minute commute of the areas top employers, led by automotive giant Kia's manufacturing plant which employs 3,000 and has created nearly 6,000 indirect jobs
- The property also enjoys convenient proximity to Auburn/Opelika, Columbus, and Atlanta's Hartsfield-Jackson International Airport, the world's busiest airport, which is situated less than an hour away
Investment Overview
Built in 1998 and nestled between Columbus, GA and Auburn, AL, The River will arrive to market boasting 98% historical occupancy with nearly 100% collections and offers future ownership the opportunity to step into a strong day one yield with room for further top-line growth via continued interior value-add renovations, a measure already proven across approximately 20% of units which are yielding +/- $150/month rental premiums.