7721 1st Ave S - Apartments FOR SALE


Birmingham, AL 35206- South Eastlake
$695,000 USD
205-966-1908
7721 1st Ave S, Birmingham, AL for Sale
$695,000 USD
Apartments - FOR SALE
1/11
null | 6.26% Cap Rate

7721 1st Ave S
Birmingham, AL 35206
South Eastlake


HIGHLIGHTS

  • ?Family-friendly floorplans
  • Majority of units renovated in 2024-2025
  • 3 bedroom units

OVERVIEW

Eight-unit, all 3BR/1BA offered as-is at $695,000 ($86,875/unit). Majority of units renovated in 2024-25. Five of eight units currently occupied with three vacant units ready for immediate lease-up

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

8

PRICE/UNIT

$86,875

CAP RATE

6.26%

% LEASED

62%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

MUL

APN/PARCEL ID

23-00-14-2-018-006.000

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.