115 Cotton SW Ave Birmingham, AL 35211-1485
- Garden apartment buildings
- 3,648 SF
- 0.55 lot acres
Aug 12, 2021
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
- Property size
- 3,648 SF
- 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.
Value Estimation
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Alternative Use
Location Insight
- Map
- 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