Matthews Real Estate Investment Services™ is pleased to present the Birmingham Portfolio, a
collection of four well-maintained and updated, multifamily properties located in the growing
Five Points West and Eastlake submarkets of Birmingham, Alabama. The portfolio consists of
(54) 2-bedroom units and (26) 1-bedroom units. This opportunity offers the flexibility to
purchase the properties either as a package or individually. Over the past six years, each of
these complexes has undergone extensive interior renovations along with many large capital
improvements like new roofs on each, enhancing their appeal and operations. The properties’
strategic location within walking distance to Birmingham’s rapidly developing neighborhoods,
Five Points West and Eastlake, makes them highly attractive to prospective residents. Five Points
West is renowned for its recent local investment, featuring the Birmingham CrossPlex Village,
along with shopping and entertainment options that draw both residents and visitors alike.
In addition to the allure of these two submarkets, the portfolio benefits from proximity to
downtown Birmingham’s CBD and Uptown entertainment district. It provides convenient access
to major interstates, I-20 and I-65, which accommodate over 250,000 vehicles per day. This
prime location ensures easy commutes and travel for residents, further increasing the
desirability of the properties. Notable nearby destinations include The Birmingham CrossPlex,
Bill Harris Arena, AG Gaston Boys & Girls Club, and the in-progress Family Center Development.
The properties are also just minutes away from the state of Alabama’s largest employer, UAB
Hospital & University. With its combination of recent renovations, prime location, and proximity
to Birmingham’s top attractions and amenities, this Birmingham Portfolio represents an
attractive investment opportunity for investors seeking to enter the Birmingham market or grow
their existing presence at a low basis.