Multifamily Housing
2134 Lynngate Drive Hoover, AL 35216
Details & Description
Price: $675,000
    100% occupied, 3 story duplex, consisting of two 3BR/2B units, that are both +/- 2000 sq feet each, on 0.49 AC of land. All units are fully updated in every aspect; complete paint, new doors/hardware, new lighting fixtures, new flooring, faux hardwood/carpet, new appliances.
    Property Highlights
     Strong rents in place in a highly desirable section of Birmingham’s most populated submarket
     Current rents are at $2,250 per unit, a year; room to grow these to about $2,500 (+)
    Additional Photos
    Listing Agents
    Alex Kyriazis

    O: 251-591-9390
    alexk@lahcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2134 Lynngate Drive

    Hoover, AL 35216

    No Longer Listed
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    Price
    $ /mo
    Property Highlights
    Lower level has a 2 car garage shared by tenants
    Strong rents in place in a highly desirable section of Birmingham’s most populated submarket
    Unit A has a new HVAC compressor, and Unit B has a new heating system
    Current rents are at $2,250 per unit, a year; room to grow these to about $2,500 (+)
    Description

    100% occupied, 3 story duplex, consisting of two 3BR/2B units, that are both +/- 2000 sq feet each, on 0.49 AC of land. All units are fully updated in every aspect; complete paint, new doors/hardware, new lighting fixtures, new flooring, faux hardwood/carpet, new appliances.

    Attachments & Files

    Hoover Area Market Trends

    Listing Demographics for 2134 Lynngate Drive Hoover, AL 35216

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,28460,746133,266
    Population Median Age333738
    Population by Age0-9 Yrs1694 (16%)8634 (14%)18005 (13%)
    10-19 Yrs1215 (11%)6856 (11%)16195 (12%)
    20-29 Yrs1995 (19%)8783 (14%)18835 (14%)
    30-39 Yrs1971 (19%)9581 (15%)19897 (14%)
    40-49 Yrs1230 (11%)7474 (12%)16306 (12%)
    50-59 Yrs960 (9%)7485 (12%)16280 (12%)
    60-69 Yrs603 (5%)6179 (10%)14564 (10%)
    70+ Yrs616 (5%)5754 (9%)13182 (9%)
    Median HH Income$53,153$74,077$83,231
    Total Household Income< 24K732 (17%)3119 (12%)6253 (11%)
    25-49K1293 (30%)4903 (20%)9087 (17%)
    50-74K798 (18%)4312 (17%)8866 (16%)
    75-99K516 (12%)3397 (13%)6892 (13%)
    100-199K790 (18%)5667 (23%)14224 (26%)
    200K+153 (3%)2993 (12%)7629 (14%)
    Highest Education LevelNo Diploma31121033495
    Diploma or GED1274621611630
    Some College1704799315855
    Assoc. Degree53425425151
    Bachelors Degree18511365932428
    Higher Degree823900321901
    Total Housing Units4,57727,16158,533
    --Owner-Occupied1,63714,17533,934
    --Renter-Occupied2,64510,21619,017
    Owner-Occupied Values< 100K2797681542
    100-199K64027695109
    200-299K569482210459
    300-399K6928997601
    400-499K2312854067
    500K+5816315156
    Total Working Age Population7,73947,813105,445
    In Work Force5,97133,24471,556
    Not In Work Force1,76714,56933,890
    Workforce Employed5,68832,00168,965
    Workforce Unemployed2611,1612,392
    Civlian Workforce5,94933,16271,357
    Military Workforce2382199
    Total Households4,28124,39152,951
    Family Households2,37415,79134,598
    Non-Family Households1,9078,60018,353
    Married Couple1,45412,20028,255
    Other Family9203,5916,343
    Married w/Child7685,14411,939
    Single Male w/Child155320533
    Single Female w/Child3521,4942,657

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Shelby County143,293+36195,085+15224,628+13253,485
    Jefferson County662,047-1658,466+1662,4580665,244

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2134 Lynngate Drive in Hoover?
    The asking price for 2134 Lynngate Drive is $675,000
    What is the building size of this Multifamily property in Hoover, AL?
    The size of the building/unit at 2134 Lynngate Drive in Hoover is 4,000 square feet
    How much land does the Hoover, AL property at 2134 Lynngate Drive include?
    2134 Lynngate Drive in Hoover includes 0.490 acres of land
    What is the population within 1 mile of 2134 Lynngate Drive in Hoover?
    The population within 1 mile of 2134 Lynngate Drive Hoover, AL 35216 is 10,284 people.
    Who do I contact for questions about 2134 Lynngate Drive?
    You should contact the listing agent, Alex Kyriazis, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Birmingham-Shuttlesworth International Airport (BHM) 12
    Montgomery Regional (Dannelly Field) Airport (MGM) 79
    Huntsville International Carl T Jones Field (HSV) 86