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    FOR SALE
    Residential income homes

    1949 Riva Ridge Rd, Helena, AL 35080

    Property ID
    US03-0683546
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents an 11-unit single-family rental portfolio situated across highly desirable Birmingham, Alabama suburbs: Trussville, Helena, Alabaster, Pelham, and Leeds. Boasting 100% occupancy, this portfolio offers immediate cash flow with strong potential for future appreciation. Each of the eleven individual buildings is a single-family home, located in areas known for excellent schools and strong community appeal. The portfolio benefits from its location in rapidly growing communities with high rental demand, particularly Trussville, experiencing significant population growth and a shortage of affordable owner-occupied housing. Alabaster and Pelham are prized for their top-rated school systems and convenient access to Birmingham's employment centers. Leeds offers a blend of suburban tranquility and proximity to both Birmingham jobs and recreational opportunities. The portfolio is currently managed, with no Section 8 tenants. Detailed financial information, including HVAC and roof ages, and recent capital expenditures, is available upon request. This is a turnkey investment ideal for those seeking a stable, high-performing rental portfolio in a thriving market. The asking price is $2,255,100.

    Property profile
    Verified
    Property type Residential income homes
    UPID US03-0683546
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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