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2225 Golf Rd SW 8 Unit Apartment Building $1,108,053 CAD ($138,507 CAD/Unit) Huntsville, AL 35802
Investment Highlights
- Convenient Location to Memorial Parkway
Executive Summary
Rental/Investment Portfolio of 8 Units In One Condo Complex! All Units are 2 Bedrooms and 1.5 Baths. Majority Of Units With Recently Updated Kitchens, Baths, New Flooring, Fresh Paint, Fixtures. Great Location in Whitesburg and Grissom School Zones. Great Opportunity for Rental or Longer Term Investment. Condo Association Fee Includes Exterior Building Maintenance, Grounds, Water, Pool and Clubhouse. Sold AS IS at this price! Seller Would Consider Splitting into Individual Unit Sales or Smaller Package
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$179,527
|
$162.62
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,976
|
$8.13
|
| Effective Gross Income |
$170,551
|
$154.48
|
| Taxes |
$14,961
|
$13.55
|
| Operating Expenses |
$44,882
|
$40.65
|
| Total Expenses |
$59,842
|
$54.21
|
| Net Operating Income |
$110,708
|
$100.28
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $179,527 |
| Annual Per SF | $162.62 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,976 |
| Annual Per SF | $8.13 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $170,551 |
| Annual Per SF | $154.48 |
| Taxes (CAD) | |
|---|---|
| Annual | $14,961 |
| Annual Per SF | $13.55 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $44,882 |
| Annual Per SF | $40.65 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $59,842 |
| Annual Per SF | $54.21 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $110,708 |
| Annual Per SF | $100.28 |
Property Facts
| Price | $1,108,053 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $138,507 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 6.80 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 1,104 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1982/2025 |
| Price | $1,108,053 CAD |
| Price Per Unit | $138,507 CAD |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 6.80 AC |
| Building Size | 1,104 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2025 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | - | 1,100 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $530,295 CAD (2025) | |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $14,961 CAD ($13.55 CAD/SF) |
| Improvements Assessment | $530,295 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD (2025)
Improvements Assessment
$530,295 CAD (2025)
Total Assessment
$530,295 CAD (2025)
Annual Taxes
$14,961 CAD ($13.55 CAD/SF)
Tax Year
2026
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2225 Golf Rd SW
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