1148 Forest St
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1148 Forest St
4 Unit Apartment Building Offered at £138,075 at a 9.14% Net Initial Yield in Birmingham, AL 35217
Executive Summary
Great small investment opportunity with immediate cash flow and full occupancy. Located on a quiet street just north of Shuttlesworth International Airport. Long history of full occupancy, value-add on rental rates, and a well-built property with limited capital expenditure needed!
Property Facts
Price | £138,075 | Property Type | Residential |
Price Per Unit | £34,519 | Building Size | 2,900 SF |
Sale Type | Investment | Average Occupancy | 100% |
Net Initial Yield | 9.14% | Number of Floors | 1 |
No. Units | 4 | Year Built | 1960 |
Price | £138,075 |
Price Per Unit | £34,519 |
Sale Type | Investment |
Net Initial Yield | 9.14% |
No. Units | 4 |
Property Type | Residential |
Building Size | 2,900 SF |
Average Occupancy | 100% |
Number of Floors | 1 |
Year Built | 1960 |
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 4 | - | 750 |
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PROPERTY TAXES
Parcel Number | 23-00-08-1-017-001.000 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £27,824 |
PROPERTY TAXES
Parcel Number
23-00-08-1-017-001.000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£27,824
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1148 Forest St
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