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- LoopNet Team
203 Windham St NE
Huntsville, AL 35801
Multifamily Property For Sale
·
25 Units
PROPERTY FACTS
| No. Units | 25 | Lot Size | 1.12 AC |
| Property Type | Multifamily | Building Size | 23,894 SF |
| Property Subtype | No. Stories | 2 | |
| Apartment Style | Garden | Year Built/Renovated | 1955/2015 |
| Building Class | C | ||
| Zoning | B2 | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 23,894 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1955/2015 |
| Zoning | B2 |
AMENITIES
SITE AMENITIES
- Playground
- Pool
ABOUT 203 WINDHAM ST NE , HUNTSVILLE, AL 35801
RARE OPPORTUNITY TO BUY HIGHLY DESIRABLE APARTMENT ASSETS IN FIVE POINTS--DOWNTOWN HUNTSVILLE. This apartment complex consists of 25 units with a desirable mix of 18 two bed/one bath and 7 one bed/one bath units. Five Points is one of the prized Huntsville Historic Preservation Districts, established in 1999. This neighborhood's significance lays the evolution of upper middle-class housing in 20th century Huntsville. The neighborhood maintains its 19th century grid layout of broad/parallel streets, narrow but deep lots, and rear service alleys, which permit pedestrian-oriented streets. It's now a highly sought after area for upper middle class Millennials and wealthy Baby Boomers. The average household income surrounding the property is over $70,700, and the average house value is $353,472. Based on these factors, and the uniqueness of the location of this apartment complex, it makes this a tremendous opportunity. Huntsville is the fastest growing city in Alabama and is home to Redstone Arsenal, NASA's Marshall Space Flight Center, and Cummings Research Park, the second largest research park in the US. Huntsville has been named the #1 City in the US for engineers and tech jobs.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | $687.50 | 816 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $401,120 | |
| Land Assessment | $117,300 | Total Assessment | $518,420 |
PROPERTY TAXES
