3252 Warringwood Dr Hoover, AL 35216
Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.
Building Details
- Year built
- 1970
Source:
Svn
Listing Agent: Richard Mcdonald
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hoover Multifamily Investment Opportunity
Warringwood Apartments presents an investment opportunity in Hoover, AL. This multifamily property, constructed in 1970, contains 8 units within its 12,000 square feet. Recent renovations include stainless steel appliances and LVP flooring. The property is currently 100% occupied, providing a reliable income stream. Located in a desirable suburban submarket of Birmingham, this garden-style apartment community is suited for investors seeking stability and long-term growth in a high-demand rental market. The location in Hoover provides residents with access to schools, major employers, and retail and dining options. The property is located minutes from the Riverchase Galleria, Stadium Trace Village, and other commercial hubs. Hoover is a sought-after location for multifamily investment due to its proximity to major transportation routes and reputation for quality living. The location offers access to amenities and attractions, including shopping and dining at The Summit and Riverchase Galleria, and outdoor activities at Moss Rock Preserve and Aldridge Gardens. This location is near major employment centers and has potential for sustained growth and tenant demand.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Hoover
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.794175
- Latitude
- 33.4013698
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained, renovated 8-unit multifamily property in desirable Hoover, AL.
Where is this apartment building located?
The property is located at 3252 Warringwood Dr Hoover, AL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - 100% Occupancy provides a strong and reliable income stream.; - Located in desirable Hoover, AL, a high-demand rental market.; - Significant Upside: Rent comparables are higher, presenting an opportunity to raise rents.
