Huntsville Investor Value-add Opportunity

Huntsville southwest 35-unit portfolio Huntsville, AL 35805

Huntsville southwest 35-unit portfolio, Huntsville, AL, 35805
2818 Hood Road
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,675,000
Last Verified:
Sep 27, 2024

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Highlights

  • - 23,348 SF building with 35 one- and two-bedroom units
  • - Renovated in 2023 with new roofs and various updates
  • - Prime location in the thriving southwest Huntsville area
  • - Impressive 94.3% occupancy rate
  • - Strong potential for immediate and long-term returns

Description

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 transformation presents 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.

Discover the untapped potential of the thriving Huntsville market, an ideal location for multifamily investors seeking a value-add opportunity. Huntsville offers a rich tapestry of attractions, including the renowned U.S. Space & Rocket Center, Redstone Arsenal, and the vibrant downtown entertainment district. With a robust economy driven by aerospace, defense, and technology sectors, investors can capitalize on the city's burgeoning job market and growing population. Embrace the promise of steady rental demand and sustainable growth in this dynamic locale. Huntsville is poised to deliver exceptional investment returns for savvy multifamily investors.

Huntsville Southwest, 35-unit portfolio
4009-4011 Eunice Street SW, Huntsville, AL 35805,
3706 Squaw Valley Drive, Huntsville, AL 35805,
4105 Broyles Avenue SW, Huntsville, AL 35805,
2818 Hood Road SW, Huntsville, AL 35805.

Building Size: 23348sq ft
Lot Size: 0 acres


Documents

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Map of Huntsville southwest 35-unit portfolio, Huntsville, AL, 35805

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.