2000 10th W St Birmingham, AL 35204-1300

This exceptional 72-unit apartment building, located at 2000 10th St W in Birmingham, Alabama, presents a compelling value-add investment opportunity. Currently vacant, this Class D property, built in 1949, sits on a substantial 5.53-acre lot (APN: 22-00-28-1-008-004.000) and is zoned R6, offering significant redevelopment potential. The property's prime location, less than 10 minutes from downtown Birmingham, ensures high demand for rental units. The single-story structure provides a blank canvas for a complete transformation, allowing for the addition of modern amenities and common areas to create a highly desirable community. This is an ideal project for developers and investors seeking to capitalize on the strong rental market and increase rental income through repositioning or renovation. The asking price is $950,000. This represents a unique chance to create a thriving, modern apartment complex in a rapidly growing area. The property's size and zoning allow for a wide range of development possibilities, making it an attractive investment for those with a vision for urban revitalization. The opportunity to reshape the existing structure and create a community that meets today's lifestyle demands is significant. This is a chance to build a profitable and impactful project in a prime Birmingham location.