This portfolio consists of three (3) Quadplexes, each with two bedroom/1bath units. All three properties are professionally managed and have had upgrades. These 3 properties are being sold only as a package AS IS" No showings until offer is accepted and proof of funds. Showings only during inspection period. The properties are owner managed and are well maintained. Current rents are well below the market rents making this value- The portfolio includes 1816 Glenn Street, 1803 Graymont Lane, and 1809 Windover Plan, Decatur, AL. Rent roll and expenses are in photos. REFER TO Photos for information on all 3 buildings. Total Price $1,299,000. Current T-12 5% CAP rate
PORTFOLIO AVAILABLE: This property as a package that includes two 4-plex apartment buildings 1814 and 1818 Glenn Street, Decatur, AL. All units are 2-bedroom/1-bath, with laundry hookups, some updated units include granite countertops. Please request financials by email. No showings without executed contract. Preapproval and proof of funds required with offers.
PORTFOLIO AVAILABLE: This property is available individually or as a package that includes two 4-plex apartment buildings 1814 and 1818 Glenn Street, Decatur, AL for $880,000. All units are 2-bedroom/1-bath, with laundry hookups, some updated units include granite countertops. Please request financials by email. No showings without executed contract. Preapproval and proof of funds required with offers.
The median home value in Decatur, AL is $187,800. This is lower than the county median home value of $197,200. The national median home value is $338,100. The average price of homes sold in Decatur, AL is $187,800. Approximately 59.34% of Decatur homes are owned, compared to 32.58% rented, while 8.08% are vacant. Decatur real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Decatur real estate agent to arrange a tour today!
Decatur, Alabama 35603 has a population of 57,303. Decatur 35603 is less family-centric than the surrounding county with 25.9% of the households containing married families with children. The county average for households married with children is 28.38%.
The median household income in Decatur, Alabama 35603 is $52,539. The median household income for the surrounding county is $56,128 compared to the national median of $69,021. The median age of people living in Decatur 35603 is 40.6 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 53.6 inches per year, with 1.5 inches of snow per year.