1100 Pineview Rd Birmingham, AL 35228
- Residential income homes
- 9,725 SF
Current Use by Public Records
- Residential income homes
Property Details for 1100 Pineview Rd
- Property size
- 9,725 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a portfolio of eight single-family rental homes located throughout the Birmingham, Alabama metro area, including Bessemer and Fairfield. The portfolio boasts a total of 9,725 square feet, with each unit averaging 1,215 square feet. Currently operating at 100% occupancy, this portfolio offers immediate cash flow with significant value-add potential. Seven of the eight properties participate in the Section 8 program, providing a stable and predictable income stream. Recent renovations completed in 2023 and 2024 include updated HVAC systems, exterior improvements, and landscaping enhancements. The properties are strategically located near major transportation routes, schools, shopping centers, and employment hubs, ensuring high tenant demand. Individual properties feature amenities such as detached garages, fenced yards, and covered patios. The asking price is $875,000, translating to $109,375 per unit and $89.97 per square foot. This portfolio represents a compelling investment opportunity for those seeking a stable, income-producing asset in a growing market. The portfolio's strong occupancy rate, recent renovations, and participation in the Section 8 program contribute to its exceptional value and potential for future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Longitude
- -86.898953
- Latitude
- 33.4719006
