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Investment Highlights
- Fully renovated multifamily asset with recent interior upgrades completed in 2022 and 2024
- Strong in-place rental income with upside potential through rent optimization
- Private parking lot with ample on-site parking for residents
- Four-unit property with a consistent unit mix appealing to workforce renters
- Individually metered units with tenant-paid utilities for efficient operations
- Located minutes from University of Alabama in Huntsville and major employment centers
Executive Summary
4110 Ascent Trail presents an excellent opportunity to acquire a stabilized, updated multifamily investment in one of Huntsville’s most active residential submarkets. The property consists of four well-maintained units, all of which have benefited from recent renovations, positioning the asset as a low-maintenance, turnkey acquisition. One unit has just completed renovations and is rent-ready for either an owner-occupant or a value-driven investor seeking immediate upside.
Current rents provide a solid income stream with additional growth potential as leases roll and market rents continue to rise in the area. Tenants are responsible for utilities, keeping operating expenses efficient and predictable. The property features a private parking lot and a practical layout that appeals to long-term renters.
Situated near University of Alabama in Huntsville, research parks, and major employers, this location continues to see strong rental demand supported by Huntsville’s expanding technology, aerospace, and defense sectors. The seller is open to both conventional and FHA financing, further enhancing buyer flexibility. This offering is well suited for investors seeking stable cash flow or an owner-user looking to offset housing costs with rental income.
Current rents provide a solid income stream with additional growth potential as leases roll and market rents continue to rise in the area. Tenants are responsible for utilities, keeping operating expenses efficient and predictable. The property features a private parking lot and a practical layout that appeals to long-term renters.
Situated near University of Alabama in Huntsville, research parks, and major employers, this location continues to see strong rental demand supported by Huntsville’s expanding technology, aerospace, and defense sectors. The seller is open to both conventional and FHA financing, further enhancing buyer flexibility. This offering is well suited for investors seeking stable cash flow or an owner-user looking to offset housing costs with rental income.
Property Facts
| Price | $520,763 CAD | Building Class | C |
| Price Per Unit | $130,191 CAD | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 3,804 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | Parking Ratio | 1.05/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | Multi Family - Multi Family | ||
| Price | $520,763 CAD |
| Price Per Unit | $130,191 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 3,804 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.05/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Multi Family - Multi Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-08-33-2-001-049.000 | Improvements Assessment | $61,357 CAD |
| Land Assessment | $43,865 CAD | Total Assessment | $105,222 CAD |
Property Taxes
Parcel Number
14-08-33-2-001-049.000
Land Assessment
$43,865 CAD
Improvements Assessment
$61,357 CAD
Total Assessment
$105,222 CAD
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1410 Ascent Trl NW
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