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1426 Ascent Trl NW 4 Unit Apartment Building $389,900 ($97,475/Unit) 8.61% Cap Rate Huntsville, AL 35816
INVESTMENT HIGHLIGHTS
- Property is fully occupied.
- Easily accessible
- 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/Turning. Please do not disturb tenants. Pre-qualified buyers only. Property has trailing 12 month gross income of $42K. 8.5 Cap on ACTUALS!
PROPERTY FACTS
| Price | $389,900 | Building Class | C |
| Price Per Unit | $97,475 | Lot Size | 0.36 AC |
| Sale Type | Investment | Building Size | 3,584 SF |
| Cap Rate | 8.61% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 1.12/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $389,900 |
| Price Per Unit | $97,475 |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| 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 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 14-08-33-2-001-041.000 | Improvements Assessment | $45,020 |
| Land Assessment | $32,000 | Total Assessment | $77,020 |
PROPERTY TAXES
Parcel Number
14-08-33-2-001-041.000
Land Assessment
$32,000
Improvements Assessment
$45,020
Total Assessment
$77,020
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1426 Ascent Trl NW
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