Birmingham Portfolio of 8 Single-Family Residential Properties

1100 Pineview Road Birmingham, AL 35228

1100 Pineview Road, Birmingham, AL, 35228
1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228 1100 Pineview Road, Birmingham, AL, 35228
FOR SALE
Property Type:
Other Special Purpose
Amount:
$1,000,000
Last Verified:
Jul 17, 2024

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Highlights

  • - 9,725 SF building
  • - 8 units for rental income potential
  • - Prime location in Birmingham area
  • - Full occupancy for immediate returns
  • - Well-maintained property
  • - Strong demand for rental units
  • - Potential for long-term growth
  • - Desirable asset for rental portfolio investors

Description

Introducing an exceptional investment opportunity in Birmingham, AL. This meticulously maintained 9,725 SF building comprises 8 units, offering a prime addition to any Multifamily / Single Family Rental Portfolio. Boasting a coveted location in the thriving Birmingham area, the property currently enjoys full occupancy, ensuring immediate rental income for investors. With its well-designed units and strong rental demand, this investment promises both stability and growth potential. Don't miss the chance to acquire this attractive asset, perfectly positioned to deliver long-term returns in the Birmingham rental market. This Birmingham, AL portfolio consists of 8 single-family residential rental investment properties. All properties are located in the metro area of Birmingham. Good value-add opportunity with management improvements. Seven of the eight properties are currently Section 8 properties (1341 41st Ensley is not Section 8). The market rents provided in the rent roll are based on the HUD FY 2024 Fair Market rents.

Discover the potential of Birmingham, AL, a vibrant and growing city with a strong rental market. The area surrounding the Birmingham Portfolio of 8 Single-Family Residential Properties offers a blend of urban convenience and natural beauty, with close proximity to charming parks like Red Mountain Park and Ruffner Mountain Nature Preserve. Residents can enjoy the rich cultural scene, including the Birmingham Museum of Art and the Alabama Theatre. With a thriving job market and affordable living, Birmingham attracts tenants seeking quality rental properties. This prime location presents an attractive opportunity for Multifamily / Single Family Rental Portfolio investors looking to capitalize on the promising rental demand in Birmingham. All 8 of the single family houses included in this portfolio are located in the Birmingham metro area, providing quick access to industry, schools and universities, shopping, and Government offices. There are five interstates that pass through the city, providing access to transportation routes to all areas of the country.

Building Size: 9725sq ft
Lot Size: 0 acres


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Map of 1100 Pineview Road, Birmingham, AL, 35228

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.