The Monarch at Bessemer | Apartment Property in Bessemer, AL

Current

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Overview

113 Rooms

Category
Apartments, Studio Zoned Apartments

Description

📍 1113 9th Avenue SW, Bessemer, AL 35022
🛏 114 Units | Exterior Corridors | Zoned Studio Apartments

1. Fully Zoned Studio Conversion Opportunity

Monarch Studios at Bessemer presents a 114-unit exterior corridor repositioning opportunity fully zoned for studio apartment use. With renovations permitted, investors can execute immediately without entitlement uncertainty.

2. Flexible Operational Strategy

The property includes 96 studios, 4 large studios, 8 Studio XL units, and 5 one-bedroom + den layouts. Kitchenettes are already in place, supporting studio apartment stabilization or extended stay operation depending on capital strategy.

3. Strategic Birmingham Metro Location

Located minutes from Alabama Splash Adventure Park and approximately 2–4 minutes from Birmingham-Shuttlesworth International Airport access corridors, the property benefits from proximity to regional employment drivers and metro Birmingham demand.

4. Structured Value-Add Upside

The exterior corridor configuration supports operational efficiency, while unit mix diversity allows for phased lease-up and targeted rent positioning. This is a defined scale opportunity within the Birmingham MSA offering clear execution pathways.