20409 Upper Fort Hampton Rd Elkmont, AL

This small 5 unit apartment building was bought off market, financed by the seller, and self-funded. The terms were 25% down, 5% interest amortized over 30 years, and a 5 year balloon. The total equity required was $80,000 and was funded by Ethan and Eddy. This project will be quickly refinanced at over 2x the cost of acquisition.