205-790-0427
1428 Fl Shuttlesworth Dr, Birmingham, AL for Sale
Apartments - FOR SALE
1/19
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1428 Fl Shuttlesworth Dr
Birmingham, AL 35234
Druid Hills


HIGHLIGHTS

  • Arriving to market 97% occupied
  • High-performing, cash-flowing asset
  • Exceptional location
  • Steps away from the redevelopments

OVERVIEW

Uptown Villas presents a prime opportunity for investors seeking a high-performing, cash-flowing asset in Birmingham’s thriving Uptown District! Each unit boasts modern upgrades, including stainless steel or black appliances and in-unit washer and dryer. Undergoing extensive renovation, this property is a turnkey investment, featuring 32-units and arriving to market 97% occupied! At full occupancy, the property is expected to generate north of $300K in rental income annually. It is steps away from the transformative $350 million Carraway redevelopment and the $50 million Star Amphitheater project, both of which are set to drive significant rent growth in the area. This property offers unparalleled convenience, being located just minutes from downtown Birmingham, UAB, and major interstates I-20 and I-65. Situated within walking distance of the BJCC, the Uptown entertainment district, and Topgolf.

FOR SALE DETAILS

PRICE

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# OF UNITS

32

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Uptown Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

CR5

APN/PARCEL ID

22-00-26-1-016-051.000

ASK ABOUT THIS PROPERTY

Bishop EscueHarbert Multifamily AdvisorsMore Info
205-790-0427

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Bishop EscueHarbert Multifamily AdvisorsMore Info
205-790-0427

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