For Sale
$899,900

115 Cotton Ave Birmingham, AL 35211

8-plex Group Home, Updated, Gated

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 8-plex commercial property in Birmingham, Alabama, presents a lucrative investment opportunity. Situated on a 0.55-acre lot at 115 Cotton Avenue SW, this established group home and boarding facility caters to both long-term and short-term residents. The property consists of two meticulously maintained 4-plex buildings, each featuring eight fully furnished units. Extensive renovations completed in 2011 included the installation of new electrical and plumbing systems, ensuring compliance with all relevant certifications. Each unit boasts a spacious living room, an open dining area, and a kitchenette, along with two bedrooms and one full bathroom. The facility operates at a 20-bed capacity, providing residents with comfortable and secure accommodations. A key feature is the communal dining area, where three meals are served daily using a fully equipped commercial kitchen complete with a walk-in pantry and commercial sink. The property's exterior is equally impressive, featuring lush landscaping, a grill, and a social pergola. Security measures include a gated community and security cameras, enhancing the safety and peace of mind for residents and staff. Convenient front and rear building entrances, along with a large parking lot, ensure easy access for all. This turnkey operation offers a strong return on investment with its established clientele and well-maintained infrastructure. A non-disclosure agreement is required for access to further detailed financial information.

Property Details for 115 Cotton Ave

Property type
Commercial real estate
Year Built
1950
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.50134
Longitude
-86.83648

FAQs

What type of property is this?
Commercial real estate - 8-plex Group Home, Updated, Gated
Where is the commercial real estate located?
The property is located at 115 Cotton Ave Birmingham, AL.
What is the asking price?
The asking price for this property is $899,900.
How can I contact the broker?
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115 Cotton Ave
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