1906 18th Pl N | Birmingham, AL 35234
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1906 18th Pl N
Birmingham, AL 35234
MAGNOLIA CREEK APARTMENTS · Multifamily Property For Sale
·
70 Units
Investment Highlights
- Average unit size: ±900 SF | 96%+ Occupancy
- Current Average Rents: $848 (presenting 17% organic rental upside)
- Over 50% of HVAC’s replaced & Low-Flow plumbing fixtures throughout.
- Latest Leases Achieving up to $975 | Unit Mix: All 2×1’s
- Fresh paint, modern kitchen, updated bathrooms
- Easy access to I-20 and I-65 and less than a 10-minute drive to Birmingham-Shuttlesworth International Airport.
Property Facts
| No. Units | 70 | Building Size | 63,000 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1976 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 2.80 AC | ||
| Zoning | CR6 - Commercial | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.80 AC |
| Building Size | 63,000 SF |
| Average Occupancy | 99% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | CR6 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Wi-Fi
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 70 | - | 1,000 |
Property Taxes
| Parcel Number | 22-00-23-3-005-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $546,160 |
Property Taxes
Parcel Number
22-00-23-3-005-002.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$546,160
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