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42 unit Apartment Complex in Huntsville Alabama For Sale

By Neil Victor

Commercial Real Estate Agent with Sperry Van Ness 80571

July 06, 2009 03:25 PM

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42 UNIT BRICK APARTMENT COMPLEX

ARDEN PLACE APARTMENTS Huntsville, AL

Web Site

Brochure

Property Description
Property consists of two brick two story buildings. 24 one bedroom one bath apartments rents ranging from $325 to $340 per month. 18 two bedroom one bath apartments with rents ranging from $380 to $450 per month. On premises coin laundry. Built in 1986. Well maintained . Assessed Value: $1,564,000 in 2005 Located in fast growing Huntsville Alabama.

$899,000

Building S.F 31,620
Parking Spaces 88
$21,405 Per Door
Recently Updated

Area Description
Centrally located off Drake Avenue near City Tennis courts Parks, Fishing pond, and Public swimming pools. Near major shopping center and Redstone Arsenal.

Presented by:

Neil Victor, CCIM
256.726.9096
neil.victor@svn.com

Ava Terry
256.726.9096
ava.terry@svn.com

Sperry Van Ness International has specialist in all disciplines of commercial real estate brokerage. Members of the Sperry Van Ness Multi Family Team, Auction Team, Sale-Lease back, Asset Recovery mini-storage team and other teams are comprised of Commercial Real Estate brokers of the highest caliber. Neil Victor, CCIM is Senior Advisor with Sperry Van Ness Huntsville Office. Being part of the SVN organization allows us to access tool such as Site to Do Business and help our clients make sound real estate decisions.