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7720-7730 Madrid Ave
Birmingham, AL 35206 South Eastlake

Price Upon Request

Apartments For Sale  •  15,000 SF

Property Details

• Property Type Apartments
• Total Building Size 15,000 SF
• Building Class C
• Year Built 1964

20 Transit Score

47 Walk Score

Highlights

Easy access to I-20 less than a 10-minute drive to Birmingham-Shuttlesworth International Airport

Average unit size: ±750 SF

Latest Leases Achieving up to $750

Current Avg Rents: $800 (presenting 12% rental upside)

7.18% Cap Rate with Clear Path to 9%+ Cap Rate

16/20 Units Fully Renovated

Public Transportation

Commuter Rail	Drive	Walk	Distance
	11 min	-	6.4 mi
Airport	Drive	Walk	Distance
Birmingham-Shuttlesworth International	7 min	-	3.5 mi