NOT LISTED FOR SALE
60 Beds
26 Baths
19,000 Sq Ft
1955 Built

Sale Details

Date Sold: August 21, 2020

Last sale price $200,000 $11 Per Sq Ft

304 Days on Market

About This Home

As of August 2020

**ATTENTION INVESTORS 11.4% CAP RATE** 26 UNIT APARTMENT COMPLEX CLOSE TO I-20/59, BIRMINGHAM SHUTTLESWORTH INTERNATIONAL AIRPORT, SHOPS, BUS STOPS, RESTAURANTS, GAS STATIONS, AND MORE. 4 BUILDINGS - 18 UNITS 2BR/1BA & 8 UNITS 3BR/1BA ALL WITH WASHER AND DRYER HOOKUPS. THERE IS A COIN LAUNDRY ONSITE. SCHEDULE AN APPOINTMENT TO SHOW TODAY!!! SELLERS ARE HIGHLY MOTIVATED.

Last Agent to Sell the Property

Rodney Moon

Alabama Classic Realty Listed on: 09/01/2019

Co-Listed By

Steven Whitten

Alabama Classic Realty

Last Buyer's Agent

Steven Whitten

Alabama Classic Realty

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Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1955

Home Design

  • Slab Foundation
  • Brick Frame

Flooring

  • Laminate Flooring

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable/tv connect (tenant), electric (tenant), gas (tenant), water/sewer (tenant)
  • The owner pays for electric (owner), gas (owner), trash collection (owner), water/sewer (owner)

Community Details

Building Details

  • Operating Expense $66,040
  • Gross Income $124,620

Additional Features

  • 26 Units
  • Coin Laundry
  • On-Site Manager or Management

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,855

Year Built

Built in 1955

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Floors: Laminate
  • Miscellaneous: Coin Laundry, Resident Manager

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Slab
  • Water Heater: Gas (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

  • Heating: Gas Heat
  • Cooling: Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 26

Lot Info

  • Assessor Parcel Number: 23-00-21-3-007-004.000

Rental Info

  • Owner Pays: Electric (OWNER), Gas (OWNER), Trash Collection (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: Cable/TV Connect (TENANT), Electric (TENANT), Gas (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax Database Id: 1
  • Tax District: BIRMINGHAM
  • Annual Tax: 2855
  • Assessor Parcel Number: 01073-23-00-21-3-007-004.000

Multi Family

  • Expenses: 66040
  • Gross Income: 124620

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Hdg Holdings Llc
Bought by

Purchase Details

Closed on
Nov 4, 2022
Sold by
Wf Real Property Resources Llc
Bought by
Western Horizons Development Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$734,500 None Listed On Document
Western Horizons Development Inc $225,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $200,000 -29.9% $11 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $285,500 -41.7% $15 / Sq Ft
10/22/2019 10/22/19 For Sale $490,000 0.0% $26 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $490,000 -- $26 / Sq Ft
Source: Greater Alabama MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,039 $193,620
2024 $14,039 $193,640
2022 $10,647 $146,860 $25,540 $121,320
2021 $3,455 $47,660 $13,140 $34,520
2020 $3,455 $47,660 $13,140 $34,520
2019 $3,455 $47,660 $0 $0
2018 $2,855 $39,380 $0 $0
2017 $2,855 $39,380 $0 $0
2016 $2,855 $39,380 $0 $0
2015 $2,855 $39,380 $0 $0
2014 $3,278 $47,160 $0 $0
2013 $3,278 $47,160 $0 $0
Source: Public Records

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Map

Source: Greater Alabama MLS

MLS Number: 860954

Greater Alabama MLS

APN: 23-21-3-007-004.000-RR-00

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