937 52nd Pl N - Apartments FOR SALE


Birmingham, AL 35212
$690,000 USD
251-978-3255
937 52nd Pl N, Birmingham, AL for Sale
$690,000 USD
Apartments - FOR SALE
1/3
null | 7.23% Cap Rate

937 52nd Pl N
Birmingham, AL 35212


HIGHLIGHTS

  • Around 20% rental upside
  • Strong occupancy and collections
  • Close Proximity to major developments, Downtown Birmingham, and Birmingham-Shuttlesworth International Airport
  • Average household income of $61,717 within 1-mile
  • Washer & dryer connections in all units
  • 937 52nd Place N is located in the Woodlawn neighborhood of Birmingham, Alabama. Woodlawn is a historic area that has seen significant revitalization

OVERVIEW

Broker of Record Hutt Cooke License No. 000168807-0 (AL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

12

PRICE/UNIT

$57,500

CAP RATE

7.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GLYNWOOD APARTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

24,002 SF

ZONING

R5

APN/PARCEL ID

23-00-21-3-004-003.000

ASK ABOUT THIS PROPERTY

Douglas SandersMatthews Real Estate Investment ServicesMore Info
251-978-3255

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Douglas SandersMatthews Real Estate Investment ServicesMore Info
251-978-3255

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