115 Cotton Ave Birmingham, AL 35211

This exceptional investment opportunity presents a licensed group home and boarding facility in Birmingham, Alabama, ideally situated at 115 Cotton Ave SW, 35211. The property encompasses two, two-story buildings totaling 7,296 square feet, constructed in 1950 and extensively renovated in 2011. The renovation included complete upgrades to electrical and plumbing systems, ensuring compliance with all relevant codes. The facility comprises eight fully furnished units, each featuring a spacious living room, open dining area, kitchenette, two bedrooms, and one full bathroom. Residents enjoy access to communal dining facilities, with three meals provided daily using a well-equipped commercial kitchen. The property boasts lush landscaping, a grill, and a pergola, creating a welcoming and secure environment. Security features include gated access and security cameras. Ample parking is available for residents and visitors. The property is zoned R3 and is being sold with the existing group home and boarding license, along with tenant agreements. The current owner will facilitate a smooth transition after closing. Combined tax IDs for both buildings can be separated if needed. Existing mortgages on the buildings are available until 2026, with balloon payments due in May and September of that year, at interest rates of 3.1% and 3.8% respectively. A non-disclosure agreement is required before financial details and specifics are released. This turnkey operation offers significant potential for a strong return on investment.