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McMillon Apartments 2 Multifamily Properties in Birmingham, AL

Investment Highlights
- Unit Mix: 1 Bed 1 Bath ±650 SF | 2 Bed 1 Bath ±800 | SF 3 Bed 1 Bath ±893 SF | 3 Bed 2 Bath ±890 SF
- Current Avg Rents: $1,201
- Easy access to I-20 and I-65 and less than a 10-minute drive to Birmingham-Shuttlesworth International Airport
- Unit Mix: 1 Bed 1 Bath ±650 SF | 2 Bed 1 Bath ±800 | SF 3 Bed 1 Bath ±893 SF | 3 Bed 2 Bath ±890 SF
- 10.67% Cap Rate
- 98% Occupancy
Executive Summary
Broker of Record
Hutt Cooke
License #000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License #000168807-0, 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Cap Rate | 10.67% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 34,940 SF |
| Status | Active | Total Land Area | 2.66 AC |
| Number of Properties | 2 |
| Cap Rate | 10.67% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,940 SF |
| Total Land Area | 2.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
McMillon Apartments
739 McMillon Ave SW, Birmingham, AL 35211 |
Multifamily | 29,340 SF | 1958 | - |
| 1101 Princeton Ave SW, Birmingham, AL 35211 | Multifamily | 5,600 SF | 1973 | - |
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McMillon Apartments
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