106 Castle Drive, Dothan, AL
Strategic Holdings acquired this property on October 28, 2016 for $6,285,000. The property was fully stabilized at the time of acquisition. Strategic is implementing a value-add strategy to update the unit interiors and increase rents to the current market rents. After achieving the rent increases, the value of the property will increase to approximately $8,000,000.
|Estimated Pro-Forma Value:||$7,000,000|