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2731 28th W st - 2731 28Th St W 11 Unit Apartment Building Offered For Sale Birmingham, AL 35218
Investment Highlights
- 11-unit value-add multifamily asset with 100% occupancy and proven rental demand.
- Clear path to year one 8.75%+ cap rate for attractive investor yield.
- Located less than 10 minutes from Birmingham-Shuttlesworth International Airport.
- Current Section 8 rents: $925 for 1-bedrooms and $993 for 2-bedrooms, supporting stable cash flow.
- Unit mix includes 1/1 (575 SF) and 2/1.5 (700 SF) layouts for tenant diversity.
- Strong connectivity to Downtown Birmingham, UAB, and major employment nodes.
Executive Summary
Hutt Cooke
Matthews Real Estate Investment Services, Inc
License # 000110253 - 0, 000168807-0 (AL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 000110253 - 0, 000168807-0 (AL)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Sale Type | Investment | Building Size | 7,450 SF |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Lot Size | 0.17 AC |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Lot Size | 0.17 AC |
| Building Size | 7,450 SF |
| No. Stories | 1 |
| Year Built | 1970 |
1 1
(866) 889-0550
x4494
Contacts
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Braxton Wetzler -
Caleb Frizzell -
Matthews Real Estate Investment Services, Inc.
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2731 28th W st - 2731 28Th St W
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