Huntsville 8-unit Multi-family
3410 Elizabeth St NW
Huntsville, AL 35810
Highlights
- Individually metered utilities
- Private off-street parking
- Maintenance friendly brick and metal construction
- Transitioning area is prime for $$ appreciation
Description
Here's your opportunity to acquire 8 two-bedroom unit apartments in the number one city in America to live! Well-priced at just $85,625/door for two-bedroom units. One unit is under renovation, and the property is now 87.5% occupied. It's a value-add opportunity as all rents are increased to the $925/month market rental rate. The metal roof and brick construction are considered easy maintenance, with continued growth and expansions underway. New developments and improvements to the area are increasing the area property values.
Huntsville, AL was voted #1 Best Place to Live in the U.S. - U.S. News, #3 Most Affordable Place to Live in the U.S. - U.S. News, #3 Best City for Quality of Life in the U.S. - Commercial Cafe, and #6 Job Market in the U.S. - WalletHub. This property is located in north Huntsville, and has easy access to downtown Huntsville, Research Park and local shopping and entertainment districts.
