3007 HOOD ROAD HUNTSVILLE, AL 35805 in Huntsville, Alabama

GARDEN PLACE APTS. 42 units(24 one BR/18 two BR) on a 2ac. level lot in a good central location. Apx 31,500 sqft. Excellent net operating income with an increasing occupancy level. Attached proforma illustrates a 12% cap rate. Paved parking for 88 vehicles. On site office. Coin operated laundry produces additional revenue. Public parks, shopping and Redstone Arsenal nearby. The Huntsville rental market is booming due to a robust local economy. Asking price of $22,400 per unit. Great value!
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Lot Size: 2 acres
Type: Multi-Family Home
County: Madison
Year Built: 0
Status: Active
Subdivision: GLEN'LL FARMS
Area: Mill Distr
Status: Active
Acreage: 2.xxxx00
Construction: Brick
Garage/Parking: Lot, OffStreet: 88
Building: See Remarks
Exterior Feature: MetalFence
Heating/Cooling: Heat: Central, Electric; AC: CentralAir
Appliances: Stove, Refrigerator, Dishwasher, See Remarks
Interior Feature: CoinLaundry, CableTV, MgtOnSite, SmokeAlarm
Elementary School: MCDONN
Middle School:WESTLAWN
High School:BUTL