Investment Highlights
STRONG INCOME TREND
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- 32% increase in revenue from 2016-2018
Opportunity to bring legacy leases to market rate
Newly implemented other income charges poised to increase NOI >$200/unit annually
NEWLY RENOVATED INTERIOR & EXTERIOR
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- Exterior renovated in 2016
74% of interiors are renovated
Fresh landscaping & striped parking lot
DESIRABLE CHARACTERISTICS
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- Units individually metered for all utilities
Popular townhouse style units
Onsite leasing office & laundry facility
EASY ACCESS TO DOWNTOWN AND EMPLOYERS
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- One mile from downtown Sylacauga
Close proximity to major employers
Easy access to Highway 280
FREE & CLEAR
The Oaks will be delivered free & clear.