Woodland Ridge
Margaret, Alabama
BTR Turn-Key Investment
15 units
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Brand-new properties developed, constructed, financed, and managed for you.
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Woodland Ridge
Woodland Ridge is a group of 15 single-family detached homes in the Margaret/Odenville area, northeast of Birmingham, AL. These homes are part of a 185-lot subdivision that is fully built and consists mostly of owner-occupied homes. The community sits between Interstates 59 and 20 and is 30-40 minutes to both downtown Birmingham and the Honda Assembly Plant.
- Project Type
-
- C/O Project
- Selling as soon as April 2024
- Location
-
- Margaret, Alabama (Birmingham Area)
- Market Highlights
-
- Strong Job Growth
- Limited supply of single-family resident homes available
- Revitalization initiatives
- Close proximity to vacation locations and outdoor recreation
- Economic diversification
- Suburban living with a rural feel
- Financial Highlights
-
- Single family home prices between $243k - $263k
- Rents betwen $1,590-$1,800/mo
- Estimated Cash Flows between $297-$397+/i mo (pending down payment)
- Fantastic Cap Rate between 6.8-7.15%
Site Plans.
1,400 Sq Ft Plan
Avg. Purchase Price/Unit $243,000
- Market Value
- $245,000
- Monthly Cashflow
- $297
- Year 1 Cap Rate
- 6.8
1,721 SQ FT Plan
Avg. Purchase Price/Unit $263,000
- Market Value
- $270,000
- Monthly Cashflow
- $397
- Year 1 Cap Rate
- 7.15
Redefining Real Estate Investments with Single Family Rentals
With over 20 years of experience, The Peak Group is a leading real estate company specializing in single-family rentals. We firmly believe that single-family rentals present exceptional income and wealth generation opportunities.
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