Multi Family Investment Properties for Sale in Phenix City, AL
371- 2 Bed
- 1 Bath
- - sft
471- - Bed
- - Bath
- 2079 sft
120- - Bed
- - Bath
- 1036 sft
950- 4 Bed
- 2 Bath
- - sft
Why Invest in Phenix City, Alabama?
Multi-family investments in Phenix City, AL offer strong potential for steady cash flow and appreciation in this growing market. The area's proximity to Columbus, GA drives rental demand from military personnel and workers. With average rents rising alongside 3-5% annual home value appreciation, cap rates around 7-8% make it attractive for investors. Renter-occupied units exceed 40%, ensuring reliable occupancy. Balanced housing supply supports long-term value growth without oversaturation.
Frequently Asked Questions
Phenix City offers stable rental demand from military and cross-border workers, with cap rates around 7-8%. Home values appreciate 3-5% yearly, supported by Alabama's economic growth. Proximity to Fort Moore ensures long-term occupancy above 90%.
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