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1906 18th Pl N
Birmingham, AL 35234
 MAGNOLIA CREEK APARTMENTS · Multifamily Property For Sale · 70 Units

Apartment Buildings Alabama Birmingham 1906 18th Pl N, Birmingham, AL 35234

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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.

EXECUTIVE SUMMARY

Broker of Record
Hutt Cooke
License No. 000110253-0 (AL)

PROPERTY FACTS

Price Per Unit $100,901 CAD Lot Size 2.80 AC
Sale Type Investment Building Size 63,000 SF
No. Units 70 Average Occupancy 99%
Property Type Multifamily No. Stories 2
Property Subtype Apartment Year Built 1976
Apartment Style Garden Parking Ratio 1.21/1,000 SF
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CR6
Price Per Unit $100,901 CAD
Sale Type Investment
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
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning CR6

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

LINKS

PROPERTY TAXES

Parcel Number 22-00-23-3-005-002.000 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $770,146 CAD

PROPERTY TAXES

Parcel Number
22-00-23-3-005-002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$770,146 CAD
 

  • Listing ID: 36740589

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 1906 18th Pl N, Birmingham, AL 35234

The Evergreen Multifamily Property at 1906 18th Pl N, Birmingham, AL 35234 is currently available. Contact Matthews Real Estate Investment Services, Inc. for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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