1028 22nd St S
- 3 years of operating history on AirBnB and VRBO
- Professionally managed
- Fully renovated and furnished
- Metered separately for easy long-term rental conversion
- Excellent Southside location & Mixed Use Zoning
Property Description
Renovated 8 unit apartment building operating as fully furnished short term rentals. Current owner fully renovated the property and started with 6 units in November 2022, but recently converted the remaining 2 to STR as well. The fully furnished building is located within walking distance to Bottega, Freddy's Wine Bar, Chez Fon Fon and countless other Birmingham restaurants and entertainment. The property is professionally managed and new owners could take advantage of the existing agreements or self-manage. Zoning favorable for STR. Contact Bud for property booking links, access to statements and other information.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,195,000 |
| No. of Units: | 8 |
| Year Built: | 1950 |
| Lot Size: | 0.47 Acres |
| Opportunity Zone: | No |
| Price per unit: | $149,375 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
508 W Maple Street, Unit 0
Nicholasville, Kentucky
2 Georgia Avenue
Cave Spring, GeorgiaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout