Apartment Buildings /AL /Jefferson County /Birmingham /7720-7730 Madrid Ave
Apartment Buildings /AL /Jefferson County /Birmingham /7720-7730 Madrid Ave

7720-7730 Madrid Ave - Apartments FOR SALE


Birmingham, AL 35206- South Eastlake | 
866-889-0550
7720-7730 Madrid Ave, Birmingham, AL for Sale
Apartments - FOR SALE
1/3
null | 7.18% Cap Rate
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7720-7730 Madrid Ave
Birmingham, AL 35206
South Eastlake

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HIGHLIGHTS

  • Easy access to I-20 less than a 10-minute drive to Birmingham-Shuttlesworth International Airport
  • Average unit size: ±750 SF
  • Latest Leases Achieving up to $750
  • Current Avg Rents: $800 (presenting 12% rental upside)
  • 7.18% Cap Rate with Clear Path to 9%+ Cap Rate
  • 16/20 Units Fully Renovated

OVERVIEW

Hutt Cooke License # 000110253 - 0 (AL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

20

CAP RATE

7.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Madrid Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

23-00-14-2-020-014.000

ASK ABOUT THIS PROPERTY

Braxton WetzlerMatthews Real Estate Investment Services, Inc.More Info
866-889-0550

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Braxton WetzlerMatthews Real Estate Investment Services, Inc.More Info
866-889-0550

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

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