Current Use by Public Records
- Apartment buildings
Property Details for 2321 7Th St
- Year built
- 1987
- Property type
- Apartment buildings
Description
This exceptional 48-unit apartment building, the Pearl at Sun Valley, presents a compelling investment opportunity in Center Point, Alabama. Built in 1987 and renovated in 2018, this two-story complex offers a blend of established infrastructure and recent upgrades. Nearly half the units boast partial or complete renovations, providing immediate value and the potential for significant rental increases by completing the remaining units. Investors can assume an existing loan with a sub-5% interest rate, a highly attractive feature in the current market. The property's strategic location in Jefferson County, Alabama, at 2321 7th St NW, zip code 35215, positions it favorably compared to older complexes in the area. Units feature desirable amenities including large countertops, walk-in kitchens, dishwashers, refrigerators, stoves, new low-flow toilets, updated showerheads, and four-piece bathroom accessory kits. Additional features include walk-in closets, in-unit washer/dryer hookups, spacious floor plans, private patios with exterior storage, and dining areas. Community amenities include an on-site groundskeeper, security cameras, and solar-powered exterior lighting. This property offers a strong foundation for immediate income and long-term growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Center Point
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.7056
- Latitude
- 33.6453
