5714 - 5731 Court M - Apartments FOR SALE


Birmingham, AL 35228
$1,095,000 USD
205-870-8580
5714 - 5731 Court M, Birmingham, AL for Sale
$1,095,000 USD
Apartments - FOR SALE
1/27
null | 8.96% Cap Rate

5714 - 5731 Court M
Birmingham, AL 35228


OVERVIEW

--Stabilized Value Add 20 unit Multifamily Deal in Birmingham, AL --17 of the 20 units occupied; 1 is vacant and needs about $2,500-$5,000 to be move-in ready; 2 are down vacant and in need of minimal repairs --Room to increases rents as they are well under market --Sellers are ready to make a deal but do not have to take a "bird in hand" --Contact Broker with any and all inquiries

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

20

PRICE/UNIT

$54,750

CAP RATE

8.96%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

9

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

B2

APN/PARCEL ID

29-00-18-2-002-007.000,29-00-18-2-002-008.000

ASK ABOUT THIS PROPERTY

Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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Alex KyriazisLAH Commercial Real EstateMore Info
205-870-8580

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