$2,975,000 Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income. 21462708 MLS Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income. 1517 Cullman Ave, Birmingham Listing courtesy of ARC Realty Vestavia.
$499,900 Renovated throughout 2022–2023, this property combines updated interiors with a solid rental layout ideal for both seasoned investors and those looking to expand their multifamily portfolio. Each unit features modern updates completed during the renovation period, reducing near-term maintenance and capital expenditure concerns. The property is well-positioned in Talladega, providing convenient access to local amenities, employment centers, and major roadways making it attractive to long-term tenants. With eight income-producing units under one roof, this asset offers efficient management, scalable returns, and reliable rental demand. Whether you’re pursuing steady cash flow or long-term appreciation, this renovated multifamily property checks all the right boxes. 21439301 MLS Renovated throughout 2022–2023, this property combines updated interiors with a solid rental layout ideal for both seasoned investors and those looking to expand their multifamily portfolio. Each unit features modern updates completed during the renovation period, reducing near-term maintenance and capital expenditure concerns. The property is well-positioned in Talladega, providing convenient access to local amenities, employment centers, and major roadways making it attractive to long-term tenants. With eight income-producing units under one roof, this asset offers efficient management, scalable returns, and reliable rental demand. Whether you’re pursuing steady cash flow or long-term appreciation, this renovated multifamily property checks all the right boxes. 606 S Court St, Talladega Listing courtesy of Freedom Realty, LLC.