657 Snow St • Oxford, AL 36203
Year Purchased: 2022
Purchase Amount: $3,768,572.00
Equity: $2,005,000.00
The Snow Street Village property was purchased in June 2022 and is a 27,398 square foot multi-tenant neighborhood shopping center located in Oxford, AL (roughly midway between Birmingham and Atlanta). Built in 1999, the property boasts a strong group of e-commerce resistant tenants, including several popular beauty salons, medical users and financial firms. The center was 85% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.