1949 Riva Ridge Rd, Helena, AL 35080
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.