914 14th St SW Immeuble residentiel 18 lots 1 532 340 € (85 130 €/Lot) Taux de capitalisation 6,70 % Birmingham, AL 35211

LAH Commercial Real Estate is pleased to present this 18 unit value add Multifamily property located in Birmingham, AL just 11 minutes from the CBD. The property includes 14 two-bedroom, one-bathroom units with washer/dryer connections, along with 4 one-bedroom, one-bathroom units with washer/dryer connections. Sixteen of the eighteen units have been fully renovated and leased, while the remaining two units (one 2BR/1BA and one 1BR/1BA) are currently undergoing renovations. Both buildings feature metal roofs that were replaced within the last three years, and all HVAC units were newly installed in 2022, with the 2 rehabbed units having new HVAC units upon completion. Rents are well under market thus providing a new investor/owner with the opportunity for rental bumps upon acquisition. Call Broker for more details regarding the property, i.e. financials and additional information.