3 Apartment Complexes, Assumable Loan + Seller Financing

Business Summary:
These three modern apartment complexes are located in Saraland, Alabama in Mobile County, which is enjoying one of the strongest local economies in America. The oldest of the properties was constructed in 2002 with the last development being completed in 2007. All three developments are at 100% occupancy with a waiting list at all three locations. Saraland is a community north of the City of Mobile near the location of the new Thyssen Krupp steel mill, which was the largest industrial development announcement in the history of the United States. Over 29,000 employees will be employed for several years in the construction of the plant. Rents in the area are rising, as housing for these employees is at a premium. For additional details and to schedule an on-site inspection, please call Lanier Chew, Sunbelt Business Brokers at (251) 626-4949.