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1825 15th Ave N
Birmingham, AL 35234

Presented by

Tim Kindem

Note: The property information has not been updated in the last 2 months. Contact the listing agent for up-to-date info.

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Renovated Apartment w/ Over 11% Cap Rate Potential in Hot Birmingham Neighborhood

This is a rare opportunity! This is the chance to acquire a fully renovated, ready to rent 18-unit apartment in one of the hottest developing neighborhoods in Birmingham. Each remodeled unit is 2 bed + 1 bath with efficient kitchens featuring new refrigerators + gas ranges. No dishwashers means less leaky repair calls and more cash flow. Washer & Dryer hook-ups available in each unit. Enormous parking lot tenants can appreciate. Brand new security system w/ multiple cameras offer peace of mind for your and your tenants. Ready to fill with the tenants of YOUR choice! At a modest $750/month rent (and comparable units in the area rent for more!), you'd experience a over 11% CAP RATE! Get in while you can! This incredible opportunity won't last!