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Stabilized Multifamily Community

403 3rd St NE Alabaster, AL 35007

403 3rd St NE, Alabaster, AL, 35007
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For Sale
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Turnkey, fully stabilized multifamily with recent interior and exterior upgrades designed for immediate investor cash flow.

Days on Market50

Property Features for 403 3rd St NE

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency Birmingham Office
Listed by Robert L. Escue · License #License(s): AL: 000132234 - 0
Source Marcusmillichap
Added: Jun 1 Checked: Jul 19 at 1:45 am

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 Birmingham Office


Investment Insights

Based on property information with market context.

The View Apartments is an 89-unit multifamily community offered for sale in Alabaster, Alabama. The property is presented as fully stabilized, with recent capital infusion that supports operational performance and immediate cash-flow potential. Recent work includes significant interior and exterior upgrades intended to modernize the community with updated finishes.

The community is located in Shelby County’s Alabaster submarket. The listing positions the asset within one of Shelby County’s more desirable suburban locations.

For investors and operators, the combination of stabilized operations and substantial renovation work can help reduce near-term execution risk while maintaining a focus on day-one income. With upgraded interiors and exteriors already in place, The View Apartments is positioned as an acquisition opportunity for buyers looking to step into an established, cash-flowing multifamily investment.

Key Highlights

  • 89‑unit multifamily community in Birmingham, Alabama
  • Located in Shelby County’s Alabaster submarket
  • Recent interior and exterior upgrades with updated finishes throughout the community

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The View Apartments Apartment Complex

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Bakery Building Supply (Bike/Boat/Book/etc) Store Electrical Service Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey, fully stabilized multifamily with recent interior and exterior upgrades designed for immediate investor cash flow.
Where is this apartment building located?
The property is located at 403 3rd St NE Alabaster, AL.
What are key features of this property?
This property features: 89‑unit multifamily community in Birmingham, Alabama; Located in Shelby County’s Alabaster submarket; Recent interior and exterior upgrades with updated finishes throughout the community
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