115 Cotton Ave SW - Apartments FOR SALE


Birmingham, AL 35211
$899,900 USD
205-234-2906
115 Cotton Ave SW, Birmingham, AL for Sale
$899,900 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

115 Cotton Ave SW
Birmingham, AL 35211


OVERVIEW

A licensed group home & boarding facility catering to both long-term & transitory residents. Offering single & shared rooms all-inclusive. The property comprises two 4-plex buildings. Both buildings underwent updates in 2011 for certification- including new electrical & plumbing systems. Each unit is fully furnished w/a spacious living room & open dining area connected to a kitchenette. The layout includes 2 bedrooms & 1 full bath. 20 beds at full capacity. Residents have access to communal dining facilities. 3 meals are provided daily- staff uses a well-equipped full kitchen w/a commercial sink and walk-in pantry for food services. The facility prioritizes residents' comfort offering a secure environment. Lush landscaping surrounds the property, including a grill & social pergola. Gated community w/security cameras. Facility features both front & rear entrances to the buildings & a large parking lot ensures easy access for residents & visitors alike. NDA required for more information.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$123 USD /SF

# OF UNITS

8

PRICE/UNIT

$112,488

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,997 SF

ZONING

R3

APN/PARCEL ID

29-00-03-1-023-001.000

ASK ABOUT THIS PROPERTY

Margie Beth ShawKeller Williams VestaviaMore Info
205-234-2906

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Margie Beth ShawKeller Williams VestaviaMore Info
205-234-2906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.