Portfolio of 3 Multifamily Properties 3 biens | Immeuble residentiel | À vendre | 2 004 480 € | Birmingham, AL
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Significant recent capital improvements across the portfolio
- Individually metered utilities at two of three sites
- Future upside through rent growth and possible expansion at Pike Road
- Long-term, reliable tenant base with below-market rents
- Strong occupancy across all three assets (currently 96% overall)
RÉSUMÉ ANALYTIQUE
Three-Building Birmingham Multifamily Portfolio
Offered at $2,350,000 | $84K Per Door | 28 Units Total
This well-maintained, income-producing three-building portfolio offers a rare opportunity to acquire 28 units of classic, value-add multifamily across stable Birmingham submarkets. With strong historical occupancy, dependable tenant bases, and proven capital improvements already completed, the portfolio is primed for both immediate cash flow and long-term rent growth.
2418 Eufaula Court – 12 Units
Built in 1957, this solid brick structure offers spacious 2BR/1BA layouts with all-electric utilities, wall heat, and window A/C units. Tenants are separately metered for power and water, minimizing landlord expenses. Key improvements include a new metal roof (2016) and parking lot repaving (2019). Currently 92% occupied, with below-market rents at $550/month providing room for upside.
2651 Pike Road – 6 Units + Development Land
Constructed in 1979, this two-story brick and wood building features all 2BR/1BA units with central HVAC. The landlord covers water, sewer, and garbage. The site includes additional land ideal for future expansion or infill development. 100% occupied with consistent tenancy and current rents at $600/month.
1700 Warrior Road – 10 Units
Built in 1976, this two-story brick and vinyl building includes central HVAC, separately metered utilities, and long-term tenants. The property has benefited from a new metal roof (2016) and parking lot repaving (2019). Fully leased with strong in-place income and current rents at $625/month.
This portfolio offers a compelling opportunity for investors seeking scale, stability, and upside in one of Alabama’s most resilient rental markets.
Offered at $2,350,000 | $84K Per Door | 28 Units Total
This well-maintained, income-producing three-building portfolio offers a rare opportunity to acquire 28 units of classic, value-add multifamily across stable Birmingham submarkets. With strong historical occupancy, dependable tenant bases, and proven capital improvements already completed, the portfolio is primed for both immediate cash flow and long-term rent growth.
2418 Eufaula Court – 12 Units
Built in 1957, this solid brick structure offers spacious 2BR/1BA layouts with all-electric utilities, wall heat, and window A/C units. Tenants are separately metered for power and water, minimizing landlord expenses. Key improvements include a new metal roof (2016) and parking lot repaving (2019). Currently 92% occupied, with below-market rents at $550/month providing room for upside.
2651 Pike Road – 6 Units + Development Land
Constructed in 1979, this two-story brick and wood building features all 2BR/1BA units with central HVAC. The landlord covers water, sewer, and garbage. The site includes additional land ideal for future expansion or infill development. 100% occupied with consistent tenancy and current rents at $600/month.
1700 Warrior Road – 10 Units
Built in 1976, this two-story brick and vinyl building includes central HVAC, separately metered utilities, and long-term tenants. The property has benefited from a new metal roof (2016) and parking lot repaving (2019). Fully leased with strong in-place income and current rents at $625/month.
This portfolio offers a compelling opportunity for investors seeking scale, stability, and upside in one of Alabama’s most resilient rental markets.
DATA ROOM Cliquez ici pour accéder à
- Operating and Financials
TAXES ET FRAIS D’EXPLOITATION (PRO FORMA - 2025) Cliquez ici pour accéder à |
ANNUEL |
|---|---|
| Revenu de location brut |
$99,999
|
| Autres revenus |
-
|
| Perte due à la vacance |
-
|
| Revenu brut effectif |
$99,999
|
| Taxes |
$99,999
|
| Frais d’exploitation |
$99,999
|
| Total des frais |
$99,999
|
| Résultat net d’exploitation |
$99,999
|
INFORMATIONS SUR L’IMMEUBLE
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1700 Warrior Rd, Birmingham, AL 35208 | Immeuble residentiel | 792 m² | 1976 | - |
| 2651 Pike Rd, Birmingham, AL 35208 | Immeuble residentiel | 436 m² | 1979 | - |
| 2418 Eufaula Ct, Birmingham, AL 35208 | Immeuble residentiel | 952 m² | 1997 | - |
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