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1609 11th Ct N 6 Unit Apartment Building $475,000 ($79,167/Unit) 7.04% Cap Rate Birmingham, AL 35204
Property Facts
| Price | $475,000 | Building Class | C |
| Price Per Unit | $79,167 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 9,225 SF |
| Cap Rate | 7.04% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Multifamily | ||
| Price | $475,000 |
| Price Per Unit | $79,167 |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,225 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.83/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 22-00-26-4-018-004.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $73,220 |
Property Taxes
Parcel Number
22-00-26-4-018-004.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$73,220
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