The real estate crowdfunding platform RealCrowd announced a new offering for a build-for-rent community in the Mobile, Alabama, suburb of Daphne.
Palladian at Jubilee Ridge is a Class A build-for-rent asset featuring 114 multifamily units. The property was purchased for an off-market discount of $2 million below the original purchase price. The units are split between 1,555-square-foot and 2,007-square-foot floor plans with attached garages, and the community comes with amenities for the tenants.
Palladian is in Baldwin County, Alabama’s fastest-growing county. The county’s 55% increase in population between 2000-2019 is more than triple the national average. The boom in migration has been fueled by its location just 30 minutes from Florida’s panhandle and economic growth. Over the last five years, a job-growth rate of 15.4% has led to the ...
Full story available on Benzinga.com
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Palladian at Jubilee Ridge is a Class A build-for-rent asset featuring 114 multifamily units. The property was purchased for an off-market discount of $2 million below the original purchase price. The units are split between 1,555-square-foot and 2,007-square-foot floor plans with attached garages, and the community comes with amenities for the tenants.
Palladian is in Baldwin County, Alabama’s fastest-growing county. The county’s 55% increase in population between 2000-2019 is more than triple the national average. The boom in migration has been fueled by its location just 30 minutes from Florida’s panhandle and economic growth. Over the last five years, a job-growth rate of 15.4% has led to the ...
Full story available on Benzinga.com
Continue reading...