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Property profile & analytics
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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