Old Towne Helena Portfolio 12 Parcels 10 Properties Offered at $4,000,000 in Multiple Locations

INVESTMENT HIGHLIGHTS

  • **Seller notes that there is vacant land that could be built on and finished out that could potentially double revenue.
  • Home to schools ranging K-12, Helena offers something for families of all ages.
  • Town of Helena has it founding in the 1870s textile manufacturing and was an early Rail Station for L&N line.
  • Old Town Helena is located 3 miles from US Highway 65 connecting the Great Lakes to the Gulf Coast.

EXECUTIVE SUMMARY

An exceptionally unique investment opportunity, the sale includes a large portion of the Historic Old Town Helena. The offering totals 12 parcels of property consisting of almost all the buildings fronting the 4000 block of Helena Road (Old Town). As well as a restaurant, three residential rentals, vacant lot and are all included in the sales price. Currently the portfolio sale has 22 tenants contributing to a well diversified income stream. The seller has had the vision, at great expense to maintain the original Old Town Helena vibe. This has created the continuous public draw for the area and its businesses. Downtown Helena is a special place that once you have been there, anytime of the year, you always remember how quaint and unique a place it is. This is an investors opportunity to not only own a real part of Old Town Helena and its history, but also to have a very diversified rental income portfolio. Please call Sun Real Estate, Inc today at 334 285 0800 for additional details and possibilities. **Seller notes that there is vacant land that could be built on and finished out that could potentially double revenue. In the building that has addresses 4040, 4044, 4048 and 4085; there where steel beams put in that could support a second story. The plain was to build 4 apartments above with ground level entrance from above. Also on the opposite side of the street about on third of the block was left undone. Buildings there would be about 8000 sqft feet.**

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Net Operating Income -

PROPERTY FACTS

Price $4,000,000
Price / SF $205.44 / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 19,470 SF
Total Land Area 6.54 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
4114 Helena Rd, Birmingham, AL 35201 Retail 1,250 SF - -
Restaurant in Old Town Helena
4091 Helena Rd, Helena, AL 35080
Retail 4,100 SF 1999 -
776 2nd St, Helena, AL 35080 Office 1,900 SF - -
4097 Helena Rd, Helena, AL 35080 Office 3,242 SF 1989 -
4094 Helena Rd, Helena, AL 35080 Retail 1,862 SF 1950 -
4035 Helena Rd, Helena, AL 35080 Retail 1,018 SF 1999 -
4040 Helena Rd, Helena, AL 35080 Retail 3,060 SF 1953 -
29 Lake Davidson Ln, Helena, AL 35080 Retail 1,191 SF 1872 -
3823 2nd St, Helena, AL 35080 Office 1,080 SF 1980 -
3807 Helena Rd, Helena, AL 35080 Office 767 SF 1980 -
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  • Listing ID: 33613639

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: Old Towne Helena Portfolio 12 Parcels, Birmingham, AL