Price
$1,200,000
RARE Multi-Family Investment Opportunity in Birmingham's Green Acres!
This exceptional property presents a unique investment opportunity in a highly desirable Birmingham location. With 17 of its 20 units currently rented and 18 recently renovated, this property is a proven cash flow generator.
Property Financials:
Property Photos:
Property Highlights:
Turnkey Investment: 18 units have been meticulously rehabbed and are ready for immediate occupancy.
High Occupancy: 17 units are currently rented, providing immediate cash flow.
Expansion Potential: The expansive lot offers room to add a sixth building, increasing your rental income.
Prime Location: Nestled in a quiet cul-de-sac, just minutes from the Birmingham Crossplex.
Cash Flow Machine: Potential to generate over $170,000 in annual revenue.
Meets the 1% Rule: This property effortlessly surpasses the 1% rule, ensuring a strong return on your investment.
Property Details:
Address: 5731 & 5714 Court M, Birmingham, AL 35228
Units: 20 (5 buildings, 4 units per building)
Lot Size: Over 2 acres
Price: $1,200,000
Closing Date: 11/29/2024
Closing Attorney: First Integrity
Don't Miss Out on this Incredible Opportunity!This rare gem won't last long. Contact us today to schedule a showing and secure your financial future with this exceptional multi-family investment property.
Please submit all offers directly to investments@promiselandrealtyllc.com
Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence.
Property Comps
Please Note: All interested parties must adhere to our standard terms and conditions, including Non-Circumvention and Proof of Funds requirements. This listing may not be marketed unless you are a verified member of TEAM PROMISELAND JV partnership program.
"YOUR #1 SOURCE FOR OFF MARKET INVESTMENT
PROPERTIES, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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