For Sale
$2,255,100

1949 Riva Ridge Rd Helena, AL 35080

High-Demand Birmingham Area Rentals

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents an 11-unit single-family rental portfolio situated across highly desirable Birmingham, Alabama suburbs: Trussville, Helena, Alabaster, Pelham, and Leeds. Boasting 100% occupancy, this portfolio offers immediate cash flow with strong potential for future appreciation. Each of the eleven individual buildings is a single-family home, located in areas known for excellent schools and strong community appeal. The portfolio benefits from its location in rapidly growing communities with high rental demand, particularly Trussville, experiencing significant population growth and a shortage of affordable owner-occupied housing. Alabaster and Pelham are prized for their top-rated school systems and convenient access to Birmingham's employment centers. Leeds offers a blend of suburban tranquility and proximity to both Birmingham jobs and recreational opportunities. The portfolio is currently managed, with no Section 8 tenants. Detailed financial information, including HVAC and roof ages, and recent capital expenditures, is available upon request. This is a turnkey investment ideal for those seeking a stable, high-performing rental portfolio in a thriving market. The asking price is $2,255,100.

Highlights

  • $2,255,100 asking price.
  • Multifamily investment opportunity consisting of an 11-unit single-family rental portfolio.
  • 100% occupancy.
  • Eleven individual buildings located in high-demand areas of Birmingham, Alabama suburbs including Trussville, Helena, Alabaster, Pelham, and Leeds.
  • Professional property management in place; no Section 8 tenants.

Property Details for 1949 Riva Ridge Rd

Property type
Residential income homes
Buildings
11
Units
11

Location Insight

City
Helena
County
Shelby
State
Alabama
Latitude
33.276918661605
Longitude
-86.833241494844
1949 Riva Ridge Rd, Helena, Alabama

FAQs

What type of property is this?
Residential income home - High-Demand Birmingham Area Rentals
Where is the residential income home located?
The property is located at 1949 Riva Ridge Rd Helena, AL.
What is the asking price?
The asking price for this property is $2,255,100.
What are key features of this property?
This property features: $2,255,100 asking price.; Multifamily investment opportunity consisting of an 11-unit single-family rental portfolio.; 100% occupancy.
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.
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1949 Riva Ridge Rd
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