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Montgomery, AL 36116


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Listed
Unit details as listed · verify with HOA docs
| Montgomery, Alabama Asking: $40,000 | 3 Bed / 2.5 Bath | 1,260 SF
ARV: $110K–$120K | Rehab: $25K–$30K | Rent: $950–$1,150/mo
Pure cosmetic project in Montgomery, AL. HVAC and major systems are solid — what's left is drywall, flooring, paint, and kitchen/bath updates. Rent-ready potential at the low end of the rehab budget.
The Numbers:
Works as a flip or a long-term hold. Montgomery has one of the best rent-to-price ratios in the Southeast with active Section 8 demand and a landlord-friendly legal environment.
Comps support the ARV:
No structural issues. No surprises. Predictable budget with built-in equity from day one.
Cash or hard money.
Contact Miles Storment to request the full packet. 📲 (
Commission
No Commission
This opportunity in Montgomery, AL is offered at an asking price of $40,000 as shown on the card. After repair value (ARV) is shown as about $120,000, which implies a gross spread of roughly 66.7 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 2 bedrooms, 2.5 bathrooms, 1,260 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “light.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1978; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale



