Renovated 32-Unit Apartment
2901 Pleasant Valley Rd Mobile, AL 36606
2901 Pleasant Valley Rd, Mobile, AL, 36606
$2,080,000
For Sale
$2,080,000
Turnkey 32-unit multifamily offers newly renovated one-bedroom units with updated LVP flooring and fixtures.
Days on Market101
Property Features for 2901 Pleasant Valley Rd
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
(205) 516-6107
Listed by
Jason Hyde
Source
Svn
Added: Apr 13 Updated: Jul 21 at 11:34PM Checked: Jul 22 at 4:26AM
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 Jason Hyde
Investment Insights
Based on property information with market context.
Bird’s Nest is a highly stabilized 32-unit multifamily community featuring efficient one-bedroom, one-bathroom layouts. The property is offered in turnkey condition with 100% of the units newly renovated, including LVP flooring, upgraded appliances, new vanities, and modernized fixtures, designed to minimize immediate capital expenditures.
Located at 2901 Pleasant Valley Rd in Mobile, AL, the community is described as steps away from The Retreat at Pleasant Valley. The remarks note that an investor acquiring both assets can pursue operational efficiencies through shared staffing, management, and maintenance.
Ownership retains flexibility to pivot between market-rate tenants and Section 8 subsidized tenants. The offering materials further include projections of a 7.69% Year 1 Cap Rate and a 19.6% 5-Year IRR.
Located at 2901 Pleasant Valley Rd in Mobile, AL, the community is described as steps away from The Retreat at Pleasant Valley. The remarks note that an investor acquiring both assets can pursue operational efficiencies through shared staffing, management, and maintenance.
Ownership retains flexibility to pivot between market-rate tenants and Section 8 subsidized tenants. The offering materials further include projections of a 7.69% Year 1 Cap Rate and a 19.6% 5-Year IRR.
Key Highlights
- 32‑unit multifamily community with efficient 1BD/1BA layouts averaging 578 SF
- Turnkey renovations: all units newly renovated with LVP flooring
- Renovation updates include upgraded appliances, new vanities, and modernized fixtures
Property Analytics
Location Intelligence
Current Use by Public Records
Bird's Nest Apartments
Apartment Complex
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FAQs
What type of property is this?
Apartment building - Turnkey 32-unit multifamily offers newly renovated one-bedroom units with updated LVP flooring and fixtures.
Where is this apartment building located?
The property is located at 2901 Pleasant Valley Rd Mobile, AL.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: 32‑unit multifamily community with efficient 1BD/1BA layouts averaging 578 SF; Turnkey renovations: all units newly renovated with LVP flooring; Renovation updates include upgraded appliances, new vanities, and modernized fixtures
