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Listed by Sullivan N. Schroeder • Riverview Real Estate
$1,299,000
Est. payment /mo
13,534 SqFt
Active
0 Grandview CT Millbrook, AL 36054
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Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Square Footage 13,534 sqft
Price per Sqft $95
MLS Listing ID 578611
HOA Y/N No
Year Built 1979
Property Description
Millbrook, AL | 12-Unit Investment Portfolio | Priced to Sell at $1,350,000
Excellent opportunity to acquire a fully occupied 12-unit portfolio in the heart of Millbrook—a high-demand rental market just minutes from I-65, Montgomery, and Prattville. This package includes twelve 2-bedroom units across multiple well-maintained duplex and townhome-style properties.
All units are tenant-occupied with a strong rental history and professional off-site management in place. Each unit is separately metered, offering operational efficiency and reduced owner expenses. Current rents produce strong day-one income, with room to grow through cosmetic updates and rent optimization.
Property Mix: 12 Units – All 2BR
Current Gross Income: $139,140/year
Price Per Door: ~$112,500
Prime Location – Near schools, shopping, and major employers
Turnkey investment with stable cash flow and long-term upside
Perfect for 1031 exchange buyers, out-of-state investors, or local landlords looking to scale with quality income-producing assets.
Property Addresses:
23 Crestwood Court, 25 Crestwood Court, 27 Glenwood Court, 29 Glenwood Court, 29 Rosewood Court, 33 Crestwood Court, 34 Crestwood Court, 35 Crestwood Court, 40 Glenwood Court, 42 Glenwood Court, 47 Rosewood Court, 49 Rosewood Court
Excellent opportunity to acquire a fully occupied 12-unit portfolio in the heart of Millbrook—a high-demand rental market just minutes from I-65, Montgomery, and Prattville. This package includes twelve 2-bedroom units across multiple well-maintained duplex and townhome-style properties.
All units are tenant-occupied with a strong rental history and professional off-site management in place. Each unit is separately metered, offering operational efficiency and reduced owner expenses. Current rents produce strong day-one income, with room to grow through cosmetic updates and rent optimization.
Property Mix: 12 Units – All 2BR
Current Gross Income: $139,140/year
Price Per Door: ~$112,500
Prime Location – Near schools, shopping, and major employers
Turnkey investment with stable cash flow and long-term upside
Perfect for 1031 exchange buyers, out-of-state investors, or local landlords looking to scale with quality income-producing assets.
Property Addresses:
23 Crestwood Court, 25 Crestwood Court, 27 Glenwood Court, 29 Glenwood Court, 29 Rosewood Court, 33 Crestwood Court, 34 Crestwood Court, 35 Crestwood Court, 40 Glenwood Court, 42 Glenwood Court, 47 Rosewood Court, 49 Rosewood Court
Location
State AL
County Elmore
Area Millbrook/Deatsville/W Of 143
Zoning Residential
Interior
Fireplace No
Exterior
Total Parking Spaces 12
Schools
Middle Schools ,
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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