2173 CLEARBROOK ROAD

Description:

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. Water service is included, supporting tenant satisfaction and occupancy