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3707 10th Ave SW
Huntsville, AL 35805
Sandlot05 · Multifamily Property For Sale
·
8 Units
EXECUTIVE SUMMARY
Property Overview
Presenting a solid multifamily investment in Huntsville’s expanding Westside corridor, 3707 10th Ave SW is an 8-unit apartment complex consisting entirely of 1-bedroom, 1-bath units. The property offers dependable tenant demand, clear value-add potential, and proximity to the city’s fastest-growing employment and redevelopment zones.
Property Details
• 8 total units – all 1BR/1BA
• Strong rental demand for affordable 1BR workforce housing
• Opportunity to increase rents through interior upgrades or full repositioning
• Exterior improvement potential to further boost value and appeal
• Onsite parking available
• Utilities and mechanical details available upon request (can add if you want them listed)
Location
Ideally located off 10th Ave SW, the property provides quick access to major city hubs, including:
• Redstone Arsenal
• Downtown Huntsville
• Lowe Mill Arts & Entertainment District
• Huntsville Medical District
• UAH
• Jordan Lane, Governors Drive, and I-565
Tenants benefit from convenient access to retail, transit routes, employment centers, and daily services.
Investment Highlights
• 100% 1BR/1BA mix—highly rentable and easy to maintain
• Value-add upside through renovation, improved operations, and rent optimization
• Located in a submarket with consistently low vacancy and strong absorption
• Infill site within an area experiencing active redevelopment
• Positioned in one of the fastest-growing metros in the Southeast
Investment Appeal
This 8-unit 1BR/1BA complex is ideal for investors seeking stable baseline cash flow with considerable room for growth. As Huntsville continues its sustained expansion, well-located multifamily assets in this price category remain highly competitive and increasingly sought after.
Presenting a solid multifamily investment in Huntsville’s expanding Westside corridor, 3707 10th Ave SW is an 8-unit apartment complex consisting entirely of 1-bedroom, 1-bath units. The property offers dependable tenant demand, clear value-add potential, and proximity to the city’s fastest-growing employment and redevelopment zones.
Property Details
• 8 total units – all 1BR/1BA
• Strong rental demand for affordable 1BR workforce housing
• Opportunity to increase rents through interior upgrades or full repositioning
• Exterior improvement potential to further boost value and appeal
• Onsite parking available
• Utilities and mechanical details available upon request (can add if you want them listed)
Location
Ideally located off 10th Ave SW, the property provides quick access to major city hubs, including:
• Redstone Arsenal
• Downtown Huntsville
• Lowe Mill Arts & Entertainment District
• Huntsville Medical District
• UAH
• Jordan Lane, Governors Drive, and I-565
Tenants benefit from convenient access to retail, transit routes, employment centers, and daily services.
Investment Highlights
• 100% 1BR/1BA mix—highly rentable and easy to maintain
• Value-add upside through renovation, improved operations, and rent optimization
• Located in a submarket with consistently low vacancy and strong absorption
• Infill site within an area experiencing active redevelopment
• Positioned in one of the fastest-growing metros in the Southeast
Investment Appeal
This 8-unit 1BR/1BA complex is ideal for investors seeking stable baseline cash flow with considerable room for growth. As Huntsville continues its sustained expansion, well-located multifamily assets in this price category remain highly competitive and increasingly sought after.
PROPERTY FACTS
| Price Per Unit | $108,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.20 AC |
| Cap Rate | 8% | Building Size | 4,512 SF |
| No. Units | 8 | Average Occupancy | 87% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1978/2015 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $108,125 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.20 AC |
| Building Size | 4,512 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2015 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 17-02-03-3-005-093.000 | Improvements Assessment | $65,380 |
| Land Assessment | $8,940 | Total Assessment | $74,320 |
PROPERTY TAXES
Parcel Number
17-02-03-3-005-093.000
Land Assessment
$8,940
Improvements Assessment
$65,380
Total Assessment
$74,320
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