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2216 Memorial Pkwy NW
Huntsville, AL 35810
Red Brick Apartments · Multifamily Property For Sale · 24 Units
PROPERTY FACTS
| No. Units | 24 | Lot Size | 0.93 AC |
| Property Type | Multifamily | Building Size | 13,800 SF |
| Property Subtype | Apartment | Average Occupancy | 79% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1960/2015 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.93 AC |
| Building Size | 13,800 SF |
| Average Occupancy | 79% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2015 |
About 2216 Memorial Pkwy NW , Huntsville, AL 35810
SVN is pleased to present Red Brick Apartments, a 24-unit complex located in the booming city of Huntsville, Alabama. The property consists of three solid brick buildings with metal roofs. All 24 units and common areas have been renovated with vinyl flooring, paint, new blinds, and wall HVAC units, with over $600k in capital expenditures. People are lining up to rent these newly-renovated units in this great location that has tons of new development around it. Northwest Huntsville is in the midst of lots of new and upcoming economic development. Perhaps the most significant upcoming development is Facebook's $750 million data center in the North Huntsville Industrial Park, which is expected to bring at least 100 new jobs to the area. Tenants of Red Brick Apartments have convenient access to I-565, Downtown Huntsville, and the Medical District.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $490.00 | 575 |
PROPERTY TAXES
| Parcel Number | 14-07-26-1-002-008.000 | Improvements Assessment | $136,640 |
| Land Assessment | $24,260 | Total Assessment | $160,900 |
PROPERTY TAXES
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