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102 Winchester Rd NW
Huntsville, AL 35810

Magnolia Place · Multifamily Property For Sale · 48 Units

Investment Highlights

  • Substantial CapEx Invested in 2020 (New Roofs, Exterior Paint, New Windows, Significant Interior Upgrades)
  • Fiber internet connections providing additional income of $50/unit ($28,800 annually)
  • New faux-wood flooring, faux-granite countertops, new cabinets, new AC units, new black appliances, new fixtures, new low-flow toilets
  • Within walking distance of Alabama A&T University

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 3.27 AC
Building Size 42,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1974/2022
Parking Ratio 2.86/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Tile Floors
  • Tub/Shower
  • Dining Room
  • Double Pane Windows
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Online Services
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 48 $950.00 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-01-12-1-000-055.000
Land Assessment
$85,800
Improvements Assessment
$402,940
Total Assessment
$488,740

zoning

Zoning Code Commercial (C1)
Commercial (C1)
  • Listing ID: 31666231

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 102 Winchester Rd NW, Huntsville, AL 35810

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