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1245 44th St N, Birmingham, AL, 35212

The Landings & Ridgewood Apartments
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Key Information

Tot. SF
90,000
Units
80
Year Built
1930/1972/R2024
Type
Apartments

Highlights

  • 80 Total Units (2 Assets within 3.0mi of Downtown Birmingham)
  • Available Individually and as a Package
  • Recently Renovated in the Past 18 Months, Under Current Ownership
  • Going-in 7%+ Caps with Organic Path to Y1 8%+ Caps
  • Strong Historical 90%’s+ Occupancy
  • Current Avg Rent: $800 with latest, post-rehab leases achieving up to $950/unit
  • Strategic locations, situated off Interstate 20 with access to downtown and Birmingham-Shuttlesworth International Airport

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203