For Sale
Call for price

1402 17Th StBirmingham, AL 35205

Turnkey STR Portfolio, High Cash Flow

Overview

Added:
Feb 13
Days on market:
51
This exceptional investment opportunity presents a portfolio of five fully registered short-term rental single-family homes in Birmingham, Alabama. Each property holds a current STR certificate, ensuring compliance and a smooth transition for new ownership. The portfolio boasts a total of 1,200 to 2,010 square feet across the five units, each with two parking spaces. Renovated in 2020, these homes are strategically located in Birmingham's top-performing short-term rental neighborhoods, maximizing occupancy and rental demand. The portfolio generated a total trailing twelve-month (TTM) gross revenue of $123,050 (ending October 2024), demonstrating a proven track record of income generation. Individual property revenue varied, with one property showing lower income due to vacancy during part of the year. This presents an immediate cash flow opportunity with significant upside potential through increased occupancy or operational enhancements. The portfolio is offered as a package, but individual property sales may be considered. This turnkey operation minimizes operational risk, with vacancy already factored into revenue projections. The properties are well-maintained and designed for consistent income generation, making this an ideal investment for those seeking a stable and scalable short-term rental portfolio in a thriving market. The properties are located in Jefferson County, Alabama, with addresses including 8201 4th Ave S, 1402 17th St S, 812 4th St W, 456 86th St S, and 2085 21st Ave S, zip code 35205.

Highlights

  • Five-unit turnkey short-term rental (STR) portfolio in Birmingham, AL.
  • $123,050 total trailing twelve-month (TTM) gross revenue (October 2024).
  • Properties located in Birmingham's top-performing STR neighborhoods.
  • Established performance history providing immediate cash flow.
  • Portfolio can be purchased as a package or individually.
  • Potential for increased revenue through occupancy improvements or operational enhancements.

Property Details for 1402 17Th St

Property type
Residential income homes
Square Feet
1,200 SF
Year Renovated
2020
Units
5

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.494984635968
Longitude
-86.799093045397
1402 17Th St, Birmingham, Alabama

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1402 17Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message