7720 Madrid Ave, Birmingham, AL 35206
MULTIFAMILY For SaleYear Built: 1964
Floors: 2
Class: C
| Space | Size | Type | Pricing |
|---|---|---|---|
| Madrid Avenue Apartments for Sale | SALE | Contact for pricing |
Caleb Frizzell - Matthews Real Estate Investments Services | Birmingham
PHONE: 2059226597
PHONE: 9188095129
Hutt Cooke - Matthews Real Estate Investment Services - Corporate
PHONE: 6156670097
PHONE: 6155216955
- Average unit size: ±750 SF - Latest Leases Achieving up to $750 - Current Avg Rents: $800 (presenting 12% rental upside) - Unit Mix: All 2×1’s - 7.18% Cap Rate with Clear Path to 9%+ Cap Rate - 100% Occupancy - 16/20 Units Fully Renovated - Easy access to I-20 less than a 10-minute drive to Birmingham- Shuttlesworth International Airport