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    FOR SALE
    Apartment buildings

    3252 Warringwood Dr Hoover, AL 35216

    Built 1970
    Property ID
    US03-Q000916
    3252 Warringwood Dr, Hoover, AL 35216 For Sale 1 / 22
    $1,100,000
    3252 Warringwood Dr, Hoover, AL 35216
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    Property summary
    AI-generated overview

    Introducing a rare investment opportunity in Hoover, AL – Warringwood Apartments. This well-maintained 12,000 SF multifamily property housing 8 spacious units. The asset was built in 1970 and has recently undergone charming renovations that includes stainless steel appliances, LVP flooring, and Currently 100% occupied, the property provides a strong and reliable income stream. Located in one of Birmingham’s most desirable suburban submarkets, this garden-style apartment community is an ideal asset for investors seeking stability and long-term growth in a high-demand rental market. 8 units over 12,000 ft² Built in 1970 & Beautifully Renovated Spacious Charmingly Appointed Units Excellent Location in Desirable Hoover AL Area Low Risk Asset with Significant Upside

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1970
    UPID US03-Q000916
    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
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