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1426 Ascent Trl NW

4 Unit Apartment Building $412,500 ($103,125/Unit) 7.59% Cap Rate Huntsville, AL 35816

Investment Highlights

  • Property is fully occupied.
  • Very popular townhouse style 2 bedroom floor plan.

Executive Summary

Executive Hills Quad. Very popular townhouse style 2 bedroom floor plan. Individual water electric metered. Current Rents: 885/875/915/850. Please do not disturb tenants. Pre-qualified buyers only. Property is fully occupied and has an annualized rent-roll-based gross income of $42,300. 7.5 Cap on T15 ACTUALS!

Property Facts

Price $412,500
Price Per Unit $103,125
Sale Type Investment
Cap Rate 7.59%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.36 AC
Building Size 3,584 SF
Average Occupancy 100%
No. Stories 2
Year Built 1984
Parking Ratio 1.12/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-08-33-2-001-041.000
Land Assessment
$32,000
Improvements Assessment
$42,460
Total Assessment
$74,460
  • Listing ID: 32338186

  • Date on Market: 7/3/2024

  • Last Updated:

  • Address: 1426 Ascent Trl NW, Huntsville, AL 35816

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