2510 18th Street South

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2510 18th Street South

Homewood, AL 35209
Asking Price
Contact for price
Cap Rate
6.5%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

2510 18th Street South, Homewood, AL 35209 <ul><li>​Proven short-term rental investment with an established record of strong demand, premium nightly rates, five-star guest reviews, and efficient operations.</li><li>​Offered at an attractive basis below current replacement and construction costs.</li><li>​Significant barrier to entry for competing product in the market.</li><li>​Competitive supply constraints apply to both townhome developments and short-term rental inventory.</li><li>​Positioned in a surrounding market where comparable s

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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