2731 28Th St W

Unit Count: 11-units offering a mix of 1-bedroom and 2-bedroom floorplans for diversified tenant demand.
Unit Mix: 1/1 units at 575 SF and 2/1.5 units at 700 SF, catering to a range of renter preferences.
Section 8 Rents: Current 1-bedrooms achieving Section 8 rents of $925; 2-bedrooms achieving $993.
Occupancy: 100% occupancy, demonstrating strong tenant demand and stable cash flow.
Cap Rate: Clear path to year one 8.75%+ cap rate, providing attractive initial yield.
Connectivity: Located near major arterial roadways for strong connectivity throughout Birmingham MSA.
Proximity: Less than a 10-minute drive to Birmingham-Shuttlesworth International Airport.
Access: Convenient access to Downtown Birmingham, UAB, and industrial corridors supporting stable tenant demand.
Workforce Demand: Positioned in Birmingham’s western corridor with consistent renter demand driven by blue-collar and service-sector employment.

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