"CREATING VALUE IN COMMERCIAL REAL ESTATE"

516 56th Street S. & 4758 7th Ave S.

Birmingham, AL
Multifamily

DETAILS

Property Type: Multifamily
Subtype: Apartment Buildings
Investment Type: Stabilized/Value add
Occupancy: 100%
Gross Rents: $73,569
Cap Rate: 5.78%
NOI: $57,765
Total Taxes: $8,545
Price/Sq Ft: $109.17
Lot Size: 0.58 +/- acres
Total Buildings SQFT: 9,160
Units: 10
Years Built: 1940, 1957
Buildings: 2
Stories: 2
Ownership: Fee Simple
Zoning: R3
County: Jefferson

PRICE

Sale Price: $1,000,000

Rents have not changed in 3 years.

Contact Greg Wallace for Rent Roll.

PROPERTY LOCATION

516 56th St. S. & 4758 7th Ave S.

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