Building Long-Term Wealth Through Strategic Multifamily Investments
Making smart investments that positively affect lives and improve communities
About CLS Real Estate
Building lasting relationships and creating generational wealth through real estate
Our Story
CLS REAL ESTATE is a real estate firm that specializes in buying and renovating apartments in the Alabama market. Founded in 2013, we have transitioned from single family homes into multifamily and are establishing ourselves as trusted experts in transforming underperforming properties into high-value, income-producing assets.
We pride ourselves on our ability to identify opportunities where others see challenges, and to execute strategic value-add improvements that benefit both our investors and the communities we serve.
Our Mission
Our mission is to create lasting relationships with our vendors, tenants, investors, and partners so we can see generational wealth and impact.
Our Approach
We focus exclusively on the Alabama market, where our deep local expertise and relationships give us a competitive advantage in identifying and executing profitable multifamily investments.
Meet Our Team
Letrice Stovall
Founder & Principal
With over a decade of experience in real estate investment, Letrice has built CLS Real Estate into a trusted name in the Alabama market. Transitioning from single family homes to multifamily properties, her expertise in identifying value-add opportunities and executing strategic renovations has created significant returns for investors while improving communities throughout Alabama.
Letrice's commitment to building lasting relationships and creating generational wealth drives every decision at CLS Real Estate. Her hands-on approach and deep market knowledge ensure that every investment is carefully vetted and professionally managed.
What Our Partners Say
Working with CLS Real Estate has been a game-changer for our investment portfolio. Their expertise in the Alabama market is unmatched.
Investment Partner
Real Estate Investor
The team at CLS Real Estate truly understands how to create value in multifamily properties. Their track record speaks for itself.
Strategic Partner
Property Management Professional
CLS Real Estate's commitment to improving communities while generating returns is exactly what we look for in a partner.
Community Leader
Alabama Business Owner
Our Investment Strategy
A proven approach to identifying and executing profitable multifamily investments
Market Focus
- Exclusive focus on Alabama multifamily properties
- Deep understanding of local market dynamics
- Strong relationships with local vendors and partners
- Proven track record in real estate investment
Investment Criteria
- Underperforming multifamily properties with potential
- Properties in growth markets within Alabama
- Opportunities for value-add improvements
- Strong fundamentals and cash flow potential
Value-Add Strategy
- Strategic property renovations and improvements
- Enhanced property management and operations
- Tenant satisfaction and retention programs
- Operational efficiency optimization
Risk Mitigation
- Thorough due diligence on every investment
- Conservative financial projections
- Diversification across multiple properties
- Active property management and oversight
Partnership Approach
- Transparent communication with all stakeholders
- Regular updates on property performance
- Long-term relationship building
- Aligned interests with investor success
Execution Process
- Systematic deal sourcing and analysis
- Comprehensive acquisition due diligence
- Professional property management
- Strategic exit planning and execution
Our Portfolio
Successful multifamily transformations across Alabama
Birmingham Multifamily Complex
A 48-unit apartment complex that underwent comprehensive renovations including unit upgrades, common area improvements, and operational enhancements. The property now serves as a model for value-add multifamily investments in the Birmingham area.
Montgomery Garden Apartments
Strategic acquisition and renovation of a 36-unit property in Montgomery. Improvements included exterior upgrades, landscaping enhancements, and interior unit renovations that significantly increased property value and tenant satisfaction.
Huntsville Heights
A value-add opportunity in Huntsville's growing market. This 52-unit property received targeted improvements including updated amenities, energy-efficient upgrades, and improved property management systems.
Investor Education & Resources
Knowledge and insights to help you make informed investment decisions
Investment Guides
Comprehensive guides covering multifamily investment fundamentals, market analysis, and strategies for building wealth through real estate.
Market Insights
Regular updates on Alabama real estate market trends, opportunities, and analysis to keep our partners informed about market conditions.
Case Studies
Detailed analysis of our successful projects, including strategies, challenges overcome, and results achieved for our investment partners.
Frequently Asked Questions
What makes multifamily real estate a good investment?
Multifamily real estate offers consistent cash flow, appreciation potential, tax benefits, and the ability to scale your investment portfolio. It's less volatile than single-family investments and provides diversification through multiple rental units.
Why focus exclusively on Alabama?
Our deep expertise in the Alabama market gives us a competitive advantage. We have established relationships with local vendors, understand market dynamics intimately, and can identify opportunities that out-of-state investors might miss.
What is a value-add investment strategy?
Value-add investing involves purchasing underperforming properties and implementing strategic improvements to increase their value and income potential. This might include renovations, improved management, or operational enhancements.
How does CLS Real Estate select properties?
We use strict investment criteria including location analysis, property condition assessment, market fundamentals, and potential for value creation. Every property undergoes comprehensive due diligence before acquisition.
Get In Touch
Ready to explore investment opportunities with CLS Real Estate?
Phone
(205) 578-2087
Business Address
1821 11th Ave S, #55028
Birmingham, Alabama
Business Hours
Monday - Friday
9:00 AM - 5:00 PM
Ready to Get Started?
Let's discuss how CLS Real Estate can help you achieve your investment goals through strategic multifamily real estate investments in Alabama.
Get In Touch