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Updated over 9 years ago on . Most recent reply

User Stats

35
Posts
7
Votes
TJ Sayers
  • Real Estate Investor
  • Birmingham, AL
7
Votes |
35
Posts

2 Apartment Buildings in Birmingham, AL

TJ Sayers
  • Real Estate Investor
  • Birmingham, AL
Posted

These are 2 Apartment Buildings, 1 4plex and 1 6plex. 10 units total.

Total Rent- $3435/month, $41,220/year

Total Taxes- $ 1753/year

Insurance- $3062/year

Management Fee- 10%

Total Sales Price- $199,000

Most of these units have very long term tenants. The rents are below market, but could be increased over time. The apartments have been very well taken care of and most units are relatively clean and tidy. All units are 2 bedrooms, 1 bathroom.

Interior and Exterior photos of each unit available upon request.

For more info call TJ at (205)260-7007

Offering

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