1426 Ascent Trl NW 4 Unit Apartment Building $538,602 CAD ($134,650 CAD/Unit) 8.63% Cap Rate Huntsville, AL 35816

INVESTMENT HIGHLIGHTS

  • Property is fully occupied.
  • 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: 885/875/915/850. Please do not disturb tenants. Pre-qualified buyers only. Property is fully occupied and has trailing 12 month gross income of $42K. 8.5 Cap on ACTUALS!

PROPERTY FACTS

Price $538,602 CAD
Price Per Unit $134,650 CAD
Sale Type Investment
Cap Rate 8.63%
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 - -

PROPERTY TAXES

  • Listing ID: 32338186

  • Date on Market: 2024-07-03

  • Last Updated:

  • Address: 1426 Ascent Trl NW, Huntsville, AL 35816