2300 31st Street Ensley | Birmingham, AL 35208
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- LoopNet Team
2300 31st Street Ensley
Birmingham, AL 35208
Multifamily Property For Sale
·
42 Units
INVESTMENT HIGHLIGHTS
- Located across from the Birmingham CrossPlex Village Development in Five Points West
- Double Digit Cash-on-Cash Returns & 8.79% Going-in Portfolio Cap Rate
- Unit Mix: 1bed/1bath & 2bed/1bath
- Notable Organic Rent Growth Potential - Currently Leased Avg. of $150 Below Market
PROPERTY FACTS
| No. Units | 42 | Lot Size | 1.18 AC |
| Property Type | Multifamily | Building Size | 29,480 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | ||
| Zoning | B2 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 29,480 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | B2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+1 | 18 | - | - |
PROPERTY TAXES
| Parcel Number | 29-00-05-3-010-008.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $257,320 |
PROPERTY TAXES
Parcel Number
29-00-05-3-010-008.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$257,320
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