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4009 Marie Avenue NW
Huntsville, AL 35816
Asking Price
$595K
Cap Rate
6.64%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Six unit multifamily - Huntsville Alabama <ul><li>6 studio apartments</li><li>Seller financing considered</li><li>100% occupancy</li><li>City-approved AirBnB and short-term rental use</li><li>New roof in 2018</li><li>New modern exterior design</li><li>Updated and upgraded interiors</li><li>2,797 SF building</li><li>Pro forma mid-term rental at $1,450/unit</li></ul>
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NOI
$80,000
Cap Rate
13.45%
DSCR
2.27
Strong
Cash-on-Cash
25.04%
Monthly Payment
$2,943.241
Annual Cash Flow
$44,681.113
