For Sale
$875,000

1100 Pineview RdBirmingham, AL 35228

Eight renovated homes, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a portfolio of eight single-family rental homes located throughout the Birmingham, Alabama metro area, including Bessemer and Fairfield. The portfolio boasts a total of 9,725 square feet, with each unit averaging 1,215 square feet. Currently operating at 100% occupancy, this portfolio offers immediate cash flow with significant value-add potential. Seven of the eight properties participate in the Section 8 program, providing a stable and predictable income stream. Recent renovations completed in 2023 and 2024 include updated HVAC systems, exterior improvements, and landscaping enhancements. The properties are strategically located near major transportation routes, schools, shopping centers, and employment hubs, ensuring high tenant demand. Individual properties feature amenities such as detached garages, fenced yards, and covered patios. The asking price is $875,000, translating to $109,375 per unit and $89.97 per square foot. This portfolio represents a compelling investment opportunity for those seeking a stable, income-producing asset in a growing market. The portfolio's strong occupancy rate, recent renovations, and participation in the Section 8 program contribute to its exceptional value and potential for future growth.

Highlights

  • Eight-unit single-family rental portfolio in the Birmingham, AL metro area.
  • Asking price: $875,000, offering value-add potential.
  • Recent renovations completed in 2023 and 2024, including HVAC, exterior, and landscaping improvements.
  • Seven units participate in the Section 8 program.
  • 100% occupancy.

Property Details for 1100 Pineview Rd

Property type
Residential income homes
Square Feet
9,725 SF
Class
C
Buildings
8
Units
8

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.4719006
Longitude
-86.898953
1100 Pineview Rd, Birmingham, Alabama

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1100 Pineview Rd
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