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Birmingham 4 Pack (258 Units)

4 Multifamily Properties in Birmingham, AL

Apartment Buildings Alabama Birmingham Birmingham 4 Pack (258 Units)

Investment Highlights

  • Effective, Affordable Management Team Willing to Remain
  • Proven Resident Placement Program by Local Nonprofit
  • $4.9M CAPEX Recently Invested

Executive Summary

As exclusive advisor, MMG is pleased to present The Birmingham 4 Pack portfolio, offering immediate scale in the Birmingham market with 258 units across Eastmont Plaza, Fountain Blue, Highland Park, and Pointe Arlington. The portfolio boasts $4.9M in recent capital improvements and offers significant value-add potential through proven lease trade-outs, utility reimbursement increases, and interior renovations. Located in an Opportunity Zone, the portfolio benefits from tax incentives and government-backed area revitalization, enhancing long-term growth prospects. A diverse unit mix, strong multifamily fundamentals, and a stable tenant placement program with guaranteed rent from a local nonprofit organization further support the portfolio’s attractive long-term investment profile.

Attachments

Birmingham 4 Pack - OM - Reduced

Property Facts

Sale Type Investment Individually For Sale 0
Status Active Total Building Size 227,092 SF
Number of Properties 4 Total Land Area 11.60 AC
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 227,092 SF
Total Land Area 11.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
EASTMONT PLAZA
7601 2nd Ave N, Birmingham, AL 35206 		Multifamily 43,598 SF 1968 -
The Pointe Arlington
409 Tuscaloosa Ave SW, Birmingham, AL 35211 		Multifamily 69,387 SF 1974 -
Highland Park Townhomes
344 20th Ave NE, Birmingham, AL 35215 		Multifamily 60,215 SF 1973 -
Fountain Blue Apartments
1609 Pike Rd, Birmingham, AL 35218 		Multifamily 53,892 SF 1972 -
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1 of 1
(913) 231-1086

Contact

  • Listing ID: 33332569

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: Birmingham 4 Pack (258 Units), Birmingham, AL

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Birmingham 4 Pack (258 Units) portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 1 of 6
344 20th Ave NE
Birmingham 4 Pack (258 Units) portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 2 of 6
7601 2nd Ave N
Birmingham 4 Pack (258 Units) portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 3 of 6
209 Greenboro Ave
Birmingham 4 Pack (258 Units) portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 4 of 6
1609 Pike Rd
Birmingham 4 Pack (258 Units) portfolio of 4 properties for sale on LoopNet.com Primary Photo- Image 5 of 6
409 Tuscaloosa Ave SW

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Birmingham 4 Pack (258 Units)
(913) 231-1086 x

Birmingham 4 Pack (258 Units)

Thomas Skevington

(913) 231-1086

(913) 231-1086

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