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Property profile & analytics
OFF-MARKET
Garden apartment buildings
5700 Oporto Madrid S Blvd Birmingham, AL 35210
Entity Owned
4-yr Hold
Property ID
US03-0714465
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1972
Total area
13,815 SF
Lot
27.1 ac (1,180,432 SF)
Zoning code
CR5
APN
23-00-23-3-002-002.000
UPID
US03-0714465
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
Ridge At Crestwood De Holdings LLC · 4 yrs held
Ridge At Crestwood De Holdings LLC
since 2022
Last sale
$37.8M
5 recorded transactions
Zoning & alternative use
CR5 · Birmingham, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Birmingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Birmingham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$308,248
Tax year 2022
Assessed value
$5,435,080
Assessed 2023
Previous assessed
$4,251,700
+27.8% YoY
Effective rate
5.67%
On assessed value
Assessed land
$1,180,440
Assessed improvement
$4,254,640
Land market value
$5,902,200
Improvement market value
$21,273,200
Total market value
$27,175,400
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
11
Bathrooms
52
Total area
13,815 SF
Lot
27.1 ac (1,180,432 SF)
Zoning code
CR5
APN
23-00-23-3-002-002.000
UPID
US03-0714465
Jurisdiction
JEFFERSON
Zoning & alternative use
CR5 · Birmingham, AL
Zoning CR5 · permitted uses
CR5 · Birmingham, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Birmingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
11
Bathrooms
52
Lot
27.1 ac
Current owner
From public records · entity-resolved
Ridge At Crestwood De Holdings LLC
Entity
Mailing address
198 CENTRAL AVE STE 2A, EAST ORANGE, NJ 07018-3389
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$37,840,000
Ridge At Crestwood De Holdings LLC
Contour Ridge Al LLC
Warranty Deed
$65,200,000 · Arbor Realty Senior
Nov 4, 2019
$23,392,000
Contour Ridge Al LLC
Ridge Equity Fund LLC
Trustees Deed
$21,500,000 · Arbor Realty SR
Sep 7, 2018
$12,650,000
Ridge Equity Fund LLC
Pf Sunrise Pointe LLC
Warranty Deed
$12,865,000 · Farmers & Merchants Bk/lng Bch
Nov 27, 2013
$9,250,400
Pf Sunrise Pointe LLC
East Ridge Associates Ltd
Warranty Deed
$7,919,400 · Arbor Com'l Fndg
—
—
Pf Sunrise Pointe LLC
—
Deed Of Trust
related
$9,900,000 · Arbor Com'l Fndg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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