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    115 Cotton SW Ave Birmingham, AL 35211-1485
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    Property profile & analytics

    115 Cotton SW Ave, Birmingham, AL 35211-1485

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    • Garden apartment buildings
    • 3,648 SF
    • 0.55 lot acres
    Off-Market
    Last Sale Aug 12, 2021
    Property ID
    US03-0928960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Palms on Cotton / Association / Organization

    Property Details for 115 Cotton SW Ave

    Year built
    1950
    Lot size
    0.55 lot acres
    Zone code
    R3
    Property type
    Garden apartment buildings
    APN
    29-00-03-1-023-001.000
    APU
    2900031023001000

    Description

    This exceptional 8-plex commercial property in Birmingham, Alabama, presents a lucrative investment opportunity. Situated on a 0.55-acre lot at 115 Cotton Avenue SW, this established group home and boarding facility caters to both long-term and short-term residents. The property consists of two meticulously maintained 4-plex buildings, each featuring eight fully furnished units. Extensive renovations completed in 2011 included the installation of new electrical and plumbing systems, ensuring compliance with all relevant certifications. Each unit boasts a spacious living room, an open dining area, and a kitchenette, along with two bedrooms and one full bathroom. The facility operates at a 20-bed capacity, providing residents with comfortable and secure accommodations. A key feature is the communal dining area, where three meals are served daily using a fully equipped commercial kitchen complete with a walk-in pantry and commercial sink. The property's exterior is equally impressive, featuring lush landscaping, a grill, and a social pergola. Security measures include a gated community and security cameras, enhancing the safety and peace of mind for residents and staff. Convenient front and rear building entrances, along with a large parking lot, ensure easy access for all. This turnkey operation offers a strong return on investment with its established clientele and well-maintained infrastructure. A non-disclosure agreement is required for access to further detailed financial information.


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    Location Insight

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    • Local Demand
    City
    Birmingham
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8366
    Latitude
    33.5012
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,158
    $2,480
    $37,840
    $40,320
    -
    $12,400
    $189,200
    $201,600
    More about this property
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