Twenty-Four Unit Complex
All Brick Buildings

$514,900

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Location 3815 Newson Road Huntsville, AL 35805Type Multi-Family
Status HiddenGross Income $119,400
Capitalization Rate 9.2%Gross Rent Multiplie 4.98
Property Tax $7000Insurance $6100
Heating Central, ElectricCooling CentralAir
Water Owner PaysConstruction Brick
Appliances Stove, RefrigeratorAmenities Laundry
Zoning MultiFamilyLevels 2
Unit Style One and Two BedroomsNumber of Units 24
Laundry Income $4200 / yr.Proforma Rents $400 2BD / $350 1BD

Additional Information
Full Brick 24 Unit Complex. 3 Buildings in L-shaped configuration around central parking. Good Bedroom mix. Property survey is available. Nice Complex. Rents and Income shown are market rents. Contact office for current rent roll data. Please do not disturb tenants or on-site mgmt without appt with listing agent. Click this link for annualized property operating data. For password to access rent roll, download and return Confidentiality Statement. Rent Roll.



For more information or to schedule an appointment please contact
L. DAVID FREDERICK (256) 539-5393