10/5/23 Status Update: This home is no longer in eviction.
9/5/23 Eviction Status Update:
August 24, 2023: A court date has been scheduled for September 26.
August 17, 2023: An eviction was filed. Additionally, the residents were informed about outstanding funds owed for March and April, which were during ongoing plumbing issues. Despite being displaced, they did not respond to communications from the Property Management (PM) Team, even when offered credit.
Hop into the Arrived time machine as we go back… all the way back to early 2022, when interest rates were lower and Elon had everyone convinced Dogecoin was going to the moon.
Located in Huntsville, AL, The Brennan is a 3 bed 2 bath single family residential home Arrived purchased way back in early 2022. Now, as we find ourselves back in present day 2023, we are excited to bring our investors the opportunity to partake in only the good parts of 2022, like the benefits of lower interest rates and lower property values.
According to its Zestimate, the property has already appreciated by $29,100, which is further magnified by 70% leverage at the currently unbeatable interest rate of 5.625%. Moreover, the property is already leased at $1,595 per month for 24 months, making it an even more appealing investment opportunity.
The home features a spacious formal living room, an updated kitchen with new appliances and countertops, a fresh paint job, and luxury vinyl plank flooring throughout. Outside, you will find a large backyard, perfect for relaxing or entertaining.