Description
Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Information
Listing provided courtesy of eXp Realty, LLC Central.
© 2024 Greater Alabama MLS.Description
Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.
© 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Brent Gulledge | EXIT Realty Crossroads.
Data last updated: 2024-12-13T17:31:17.707.