Portfolio - DG Market & 40 Unit Apartment

Fortis Net Lease in partnership with Partners Realty is pleased to present an assumable debt portfolio featuring two complementary income-producing assets: a 12,668-square-foot Dollar General Market located in Brookport and a 40-unit multifamily property in Montgomery. This diversified offering combines the stability of a long-term absolute net lease retail investment with the upside potential of a value-add apartment community. The Dollar General Market, which includes expanded grocery offerings such as meat and produce, is secured by approximately 11.5 years of guaranteed lease income with zero landlord responsibilities and is backed by an investment-grade “BBB” rated tenant. The multifamily component, known as The Lofts at Cottage Hill, has recently undergone more than $1 million in renovations and offers multiple avenues for future NOI growth through RUBS implementation, premium parking income, short-term rental opportunities, coin-operated laundry, and continued operational efficiencies. Together, the assets create a balanced investment profile where stable retail income offsets apartment turnover volatility while providing exposure to two resilient asset classes. The portfolio also benefits from strong surrounding demographics and continued economic growth within the Montgomery market. Offered at $4,662,000, the portfolio reflects a 6.60% cap rate based on current NOI of approximately $307,524, delivering investors both dependable cash flow and long-term value enhancement potential.