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Oxford Hill Apartments 1120 Stewart St 8 Unit Apartment Building $629,000 ($78,625/Unit) Oxford, AL 36203



INVESTMENT HIGHLIGHTS
- Eight-unit apartment building fully renovated in 2023.
- Durable full-brick construction with paved parking.
- Strong occupancy with consistent rental income at $700 per unit.
- All units feature modern upgrades including kitchens and baths.
- Prime location adjacent to Oxford High School and near I-20.
- Excellent connectivity between Birmingham and Atlanta for regional demand.
EXECUTIVE SUMMARY
Oxford Hill Apartments presents a rare opportunity to acquire a fully renovated, income-producing multifamily asset in the thriving Oxford market. This eight-unit property features all one-bedroom, one-bath layouts, each updated in 2023 with modern finishes including new flooring, fresh paint, upgraded kitchens, and contemporary bathrooms. The full-brick construction ensures durability and minimal maintenance, complemented by paved parking for tenant convenience. Strategically located beside Oxford High School and just minutes from Interstate 20, the property offers exceptional connectivity between Birmingham and Atlanta, two major economic hubs. With strong occupancy at 90%, consistent rents of $700 per unit, and minimal annual expenses, this investment delivers reliable cash flow and long-term upside in a growing community. Positioned in a high-demand rental corridor near retail, dining, and educational facilities, Oxford Hill Apartments is an ideal choice for investors seeking stability and value in a prime Alabama location.
PROPERTY FACTS
| Price | $629,000 | Building Class | C |
| Price Per Unit | $78,625 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 4,640 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | Parking Ratio | 2.8/1,000 SF |
| Price | $629,000 |
| Price Per Unit | $78,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 2.8/1,000 SF |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 580 |
1 1
PROPERTY TAXES
| Parcel Number | 21-09-30-1-004-057.000 | Improvements Assessment | $41,496 |
| Land Assessment | $11,740 | Total Assessment | $53,236 |
PROPERTY TAXES
Parcel Number
21-09-30-1-004-057.000
Land Assessment
$11,740
Improvements Assessment
$41,496
Total Assessment
$53,236
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Oxford Hill Apartments | 1120 Stewart St
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