Huntsville
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Huntsville
3 Properties Offered at $1,950,000 in Huntsville, AL
Investment Highlights
- High visivility on a high traffic volume area
Executive Summary
Portfolio of 3 properties. Approximately 1.2 acres with 262' of frontage on fast pace growing South Huntsville. Just couple hundred yards from Walmart. 100% leased. 2023 traffic count 46769 (ALDOT). Many new businesses moving within a few hundred feet, including Marvin's Tires, Whattaburger, Starbucks, Slim chicken and more. Tenants are on short term leases with the exception of one. Great POTENTIAL to grow. All leases are under market value. You can negotiate your own leases.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
$113,640
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$113,640
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $113,640 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $113,640 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $1,950,000 | Number of Properties | 3 |
| Price / SF | $189.12 / SF | Individually For Sale | 0 |
| Cap Rate | 5.80% | Total Building Size | 10,311 SF |
| Sale Type | Investment | Total Land Area | 1.12 AC |
| Status | Active |
| Price | $1,950,000 |
| Price / SF | $189.12 / SF |
| Cap Rate | 5.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,311 SF |
| Total Land Area | 1.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 11551 Memorial Pkwy Hwy, Huntsville, AL 35803 | Land | 0.20 AC | - | - |
| 11565 Memorial Parkway Pkwy, Huntsville, AL 35803 | Flex | 3,111 SF | 1987 | - |
| 11563 Memorial Pkwy SE, Huntsville, AL 35803 | Flex | 7,200 SF | 1959 | - |
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Presented by
Santiago Lima LLC
Huntsville
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