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** Huntsville Investor 35-unit Value-Add

4 Residential Properties Offered at £2,113,277 in Huntsville, AL

Investment Highlights

  • 35 mixed units for a total of 23,348 SF
  • Prime location in the thriving southwest Huntsville area
  • Renovated may include new roofs, appliances, H/A, and various updates
  • Impressive 94.3% occupancy rate

Executive Summary

Introducing the Southwest Huntsville Portfolio, a prime opportunity for multifamily/low-rise/garden investors. This portfolio offers 23,348 SF of multifamily properties that feature 35 one- and two-bedroom units, and promises immediate returns with a remarkable 94.3% occupancy rate plus greater income potential within the first 12 months. These properties are strategically located in the thriving southwest area of Huntsville. Renovations that update and modernize these properties will help elevate them to the evolving C+ standard in the area. This offers an exciting opportunity for investors to contribute to the revitalization and growth of the community while enhancing the value and appeal of the properties. Don't miss your chance to acquire one of the few virtually untouched assets in Southwest Huntsville, a much sought-after location.

Attachments

Brochure 110624

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price £2,113,277
Price / SF £90.49 / SF
Sale Conditions 1031 Exchange
Net Initial Yield 7.80%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 23,354 SF
Total Land Area 2.26 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
The Dominion
4009 Eunice St, Huntsville, AL 35805
Residential 11,160 SF 1978 -
2818 Hood Rd SW, Huntsville, AL 35805 Residential 2,600 SF 1990 -
4105 Broyles Ave SW, Huntsville, AL 35805 Residential 7,290 SF 1965 -
3706 Squaw Valley Dr SW, Huntsville, AL 35805 Residential 2,304 SF 1980 -
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  • Listing ID: 33332945

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: ** Huntsville Investor 35-unit Value-Add, Huntsville, AL

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