Location
Tour 2173 Clearbrook Rd #1
Contact
NTBS LLC
Nearby rentals
Property management
NTBS LLC
One-time.
One-time. Refundable.
Excellent opportunity to acquire a well-located multi-unit asset in one of Hoover's most stable and high-demand commercial corridors. Current in-place rents remain below market, creating immediate and measurable upside through strategic rent repositioning. Building consists of 6 offices, and a full basement for storage. Market conditions support significantly higher rent rates, offering investors the ability to drive increased cash flow through lease renewals and operational optimization. The property is currently operated with landlord-friendly terms, leaving additional room to enhance NOI through future expense reallocation if desired. The building has been well maintained, featuring a relatively newer roof and HVAC systems that are in good working condition with consistent service history. Tenants share responsibility for HVAC replacement costs, providing long-term protection against major capital expenditures.
How 2173 Clearbrook Rd #1 compares to other nearby properties.
Positives
Considerations
| Zip code | 35226 |
|---|---|
| Type | Apartment for rent |
studio apartments at 2173 Clearbrook Rd #1 cost about 37% less than the average rent price for studio apartments in Hoover.
| Month | Median Rent |
|---|---|
| August 2024 | $725 |
| September 2024 | $725 |
| October 2024 | $725 |
| November 2024 | $725 |
| December 2024 | $725 |
| January 2025 | $725 |
| February 2025 | $725 |
| March 2025 | $725 |
| April 2025 | $725 |
| May 2025 | $725 |
| June 2025 | $725 |
| July 2025 | $725 |
| August 2026 | $1,299 |
Can I afford to live at 2173 Clearbrook Rd #1?
Bedrooms
StudioRent-to-income ratio
30%
$32,800/yr
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