19 Mountainside Circle Jasper, AL 35504
56-unit apartment community in Jasper, AL with revenue upside.
Type:Multifamily
Property size:
60,396 SF- Added:
- Nov 21, 2025
- Days on Market:
- 131
- Last Refresh:
- Mar 30 at 12:12 am
Property Features for 19 Mountainside Circle
General Information
- Standard status
- Active
- Size
- 60,396 SF
- Property subtype
- Multifamily
Listing agent Andrew Agee (256) 653-0065
Listing office (256) 653-0065
Listing date Nov 21, 2025
Source Svn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Andrew Agee
Overview
Mountainside Apartments: Value-Add Opportunity
Mountainside Apartments, a 56-unit community constructed in 2005, is located in Jasper, AL. The property, totaling 60,396 rentable square feet, presents a value-add investment opportunity. Built with partial brick exteriors, the property was previously operated under the LIHTC program and is now Qualified Contract (QC) eligible, positioning it for a transition to market-rate rents. The location in Jasper provides access to the Birmingham-Hoover metro area. Jasper combines outdoor recreation with affordable living and has a strong manufacturing base. The city is also the county seat of Walker County and benefits from infrastructure, healthcare, and education resources. The property has an assumable HOME Loan. The property is located in a growing submarket of the Birmingham MSA. There is projected Year 1 revenue growth. There is upside in the immediate future by achieving max rents.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Walker
- State
- Alabama
- Longitude
- -87.27
- Latitude
- 33.854
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 56-unit apartment community in Jasper, AL with revenue upside.
Where is this apartment building located?
The property is located at 19 Mountainside Circle Jasper, AL.
What are key features of this property?
This property features: Qualified Contract (QC) eligibility allows near‑term transition to market‑rate rents, offering significant revenue upside.; Assumable HOME Loan provides attractive financing options.; Projected Year 1 revenue growth of nearly 17% over T‑12 performance.
