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Property profile & analytics
OFF-MARKET
Bed & breakfasts

2028 Highland Ave Birmingham, AL 35205

12,000 SF 0.32 ac lot Built 1898
Property ID
US03-0746065
Property summary
AI-generated overview

This stunning, fully restored 1898 Victorian mansion, listed on the National Historic Registry, presents a unique investment opportunity in Birmingham, Alabama's vibrant Five Points Historic District. Boasting 12,000 square feet across four stories, this property includes ten guest rooms (four suites sleeping 3-4 guests each, and six bedrooms sleeping two guests each), fourteen bathrooms, and owner's quarters. The meticulously restored interior features eight Victorian fireplaces, four chimneys, and a breathtaking circular staircase with original stained glass. Exterior highlights include a wraparound limestone veranda, limestone window lintels and sills, and a well-appointed brick exterior. The property underwent a complete renovation (2011-2013) adhering to International Building Code standards, incorporating modern electrical, plumbing, and mechanical systems. Located near UAB and five hospitals, the B&B benefits from proximity to approximately 41 restaurants and entertainment venues. The property sits on a 0.32-acre lot, zoned B2, and offers a 7.30% cap rate with a current NOI of $165,000. Conveniently located approximately 0.4 miles from Highway 280, 1.3 miles from I-65, 2.9 miles from I-20, and 7.5 miles from Birmingham Shuttlesworth International Airport. The APN is 2800062026005.000. This is a value-add investment with significant potential.

Property profile
Verified
Property type Bed & breakfasts
Year built 1898
Total area 12,000 SF
Lot 0.32 ac (13,939 SF)
APN 2800062026005.000
UPID US03-0746065
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
Current use
Occupant on record · Public records
  • Hassinger Daniels Mansion Bed and Breakfast Hotel & Motel
  • Ira Chaffin Sculpture Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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