1609 11th Ct N - Apartments FOR SALE


Birmingham, AL 35204- Uptown Birmingham
$595,000 USD
205-966-1908
1609 11th Ct N, Birmingham, AL for Sale
$595,000 USD
Apartments - FOR SALE
1/4
null | 5.62% Cap Rate

1609 11th Ct N
Birmingham, AL 35204
Uptown Birmingham


HIGHLIGHTS

  • Six-unit multifamily apartment building in Birmingham.
  • Located minutes from Downtown Birmingham and major employers.
  • Dedicated resident parking is available on-site.
  • Units are served by gas and electric utilities.
  • Convenient access to Interstate 65 and regional transportation routes.
  • Property is located within a designated Opportunity Zone.

OVERVIEW

1609 11th Ct N presents an opportunity to acquire a multifamily apartment asset in Birmingham's Fountain Heights area, just northwest of Downtown Birmingham. The property consists of six residential units within a two-story apartment building and benefits from proximity to the city's employment centers, entertainment venues, and transportation infrastructure. Convenient access to Interstate 65 and downtown destinations supports tenant connectivity throughout the Birmingham metro area. The asset offers a unit mix of six two-bedroom, one-bathroom apartments and includes on-site parking. The property's established residential use, multifamily zoning, and location near downtown activity centers position it for investors seeking exposure to one of Alabama's largest metropolitan markets. The surrounding area provides access to employment, retail, dining, educational institutions, and public transportation options that support ongoing rental demand. Constructed in 1971, the property has historically operated as a multifamily investment and has been marketed as a fully occupied apartment community. Utility infrastructure includes gas and electric service to the units, and the site contains dedicated parking for residents. The property's location within a designated Opportunity Zone may provide qualifying investors with access to applicable Opportunity Zone tax benefits, subject to program requirements.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,167

CAP RATE

5.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,225 SF

ZONING

Multifamily

APN/PARCEL ID

22-00-26-4-018-004.000

ASK ABOUT THIS PROPERTY

Chip WattsWatts Realty Co., Inc.More Info
205-966-1908

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Chip WattsWatts Realty Co., Inc.More Info
205-966-1908

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