918-809-5129
407 Fairfax Dr, Fairfield, AL for Sale
Apartments - FOR SALE
1/3
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407 Fairfax Dr
Fairfield, AL 35064


HIGHLIGHTS

  • Current occupancy is 100%

OVERVIEW

Matthews Real Estate is pleased to present the opportunity to acquire Glenfair Apartments, a stabilized, 40-unit multifamily property in Birmingham, AL. The property is comprised of 40 townhome style units, providing a unique unit mix and greater potential for market rent growth. With no deferred maintenance on site, the next owner stands to benefit from immediate, organic rental increases. Broker of Record Kyle Matthews License No. 000110253 - 0 (AL)

FOR SALE DETAILS

PRICE

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# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glenfair Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

72

LAND DETAILS

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

R4

APN/PARCEL ID

30-00-23-2-001-072.002

ASK ABOUT THIS PROPERTY

Caleb FrizzellMatthews Real Estate Investment Services, Inc.More Info
918-809-5129

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Caleb FrizzellMatthews Real Estate Investment Services, Inc.More Info
918-809-5129

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