Exceptional opportunity to own Unit #15 in a professionally maintained multifamily development located in Troy, Alabama. This well-designed 2-bedroom, 2-bathroom apartment offers approximately 1,052 square feet of single-story living space with a functional floor plan, quality finishes, and excellent long-term investment potential. This property is part of a larger offering consisting of 14 total income-producing units, providing investors with exceptional flexibility. Whether you're looking to purchase a single investment property, expand your rental portfolio with multiple units, complete a 1031 exchange, or acquire the entire portfolio, this offering can be tailored to meet your investment goals. Ideally located just minutes from Troy University, downtown Troy, shopping, dining, healthcare, and major employers, the property's location contributes to consistent rental demand and long-term investment stability in one of South Alabama's strongest rental markets. Investment Options Purchase Unit #15 individually. Units may also be purchased in packages of two or more. Investors have the opportunity to acquire up to all 14 available units. Package Pricing: Multiply the number of units by $130,000 per unit. Property Highlights 2 Bedrooms 2 Bathrooms Approximately 1,052 square feet Desirable single-story floor plan Kitchen appliances included Strong income-producing potential Excellent opportunity for portfolio expansion or a 1031 exchange Convenient location in Troy, Alabama
Troy is located in Alabama. Troy, Alabama has a population of 17,765. Troy is less family-centric than the surrounding county with 21.11% of the households containing married families with children. The county average for households married with children is 22.15%.
The median household income in Troy, Alabama is $36,409. The median household income for the surrounding county is $40,106 compared to the national median of $69,021. The median age of people living in Troy is 25 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 54.6 inches per year, with 0.1 inches of snow per year.
