1641 Azalea DrBirmingham, AL 35235

This exceptional investment opportunity presents the Logan Portfolio, a diverse collection of 20 single-family and multi-unit rental properties located in Birmingham and the Shoals region of Alabama. The portfolio comprises 14 buildings, including 12 single-family homes, one quadplex, one triplex, and one duplex, totaling 20 units with a combined rentable square footage of 21,714 square feet. Individual unit sizes range from 494 to 2,412 square feet, with an average of 1,086 square feet. Built between 1910 and 1972, these properties have undergone necessary updates and renovations, ensuring modern comforts for tenants. Currently 100% occupied, the portfolio offers consistent cash flow and solid returns. The asking price is $2,200,000, representing $110,000 per unit. The average effective rent per unit is $793. Properties are located in Birmingham, Sheffield, Tuscumbia, Florence, and Center Point, Alabama, offering access to vibrant communities and a thriving economy. Tenants pay all utilities except at one address. This portfolio presents a lucrative real estate investment opportunity in desirable Alabama locations.