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2911 7th Avenue S
Birmingham, AL 35233
Asking Price
$1.60M
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 10,000 SqFt <ul><li>10,000SF Available in High Demand Area</li><li>Flexible layout allows subdivision for smaller units</li><li>Investment Upside: - Renovation Opportunity - Short-Term Leases Allow Mark-to-Market Upside</li><li>23 Surface Parking Spaces</li><li>Great location in the heart of Lakeview close to St. Vincent's, UAB, and restaurants in Lakeview, Avondale, Southside</li><li>Sale Price: $1,750,000</li></ul>
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
