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Executive Summary

Property Overview
3707 10th Ave SW presents an attractive multifamily investment opportunity in Huntsville’s growing Westside corridor. The property consists of an 8-unit apartment complex comprised entirely of 1-bedroom, 1-bath units, offering consistent demand, operational simplicity, and meaningful upside potential. With its strong location near major employment and redevelopment areas, this asset is well-positioned for both current income and future growth.
Property Details
8 total units, all configured as 1-bedroom, 1-bath
Strong demand for affordable 1-bedroom workforce housing
Opportunity to increase rents through interior improvements or full repositioning
Potential for exterior enhancements to further improve curb appeal and value
Onsite parking available
Utilities and mechanical details available upon request
Location
Conveniently located off 10th Ave SW, the property offers easy access to many of Huntsville’s key destinations, including:
Redstone Arsenal
Downtown Huntsville
Lowe Mill Arts & Entertainment District
Huntsville Medical District
The University of Alabama in Huntsville (UAH)
Jordan Lane, Governors Drive, and I-565
Residents benefit from close proximity to employment centers, retail, transit routes, and everyday services.
Investment Highlights
100% 1BR/1BA unit mix with broad rental appeal
Value-add opportunity through renovation, improved management, and rent optimization
Located within a submarket known for low vacancy and strong tenant absorption
Infill location within an area experiencing ongoing redevelopment
Positioned in one of the fastest-growing metropolitan areas in the Southeast
Investment Appeal
This 8-unit property is well-suited for investors seeking stable in-place cash flow with additional upside through strategic improvements. As Huntsville continues to experience sustained economic and population growth, well-located multifamily assets of this size and type remain increasingly competitive and desirable.
Inquiry Instructions
Serious inquiries are welcome. When reaching out, please include a brief introduction about the prospective buyer, such as your name, company or investment group, level of acquisition experience, whether you are a principal or broker, and your general timeline for purchase.
To help ensure a productive response, please also submit a specific and detailed question regarding the property. Kindly refrain from sending general messages such as “I’d like more information,” as those do not clearly indicate what information is being requested. Clear, targeted questions help us respond more efficiently and accurately.

Property Facts

Price $1,203,821 CAD
Price Per Unit $150,478 CAD
Sale Type Investment
Cap Rate 8%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.20 AC
Building Size 4,512 SF
Average Occupancy 87%
No. Stories 2
Year Built/Renovated 1978/2015
Opportunity Zone Yes

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
17-02-03-3-005-093.000
Land Assessment
$12,239 CAD
Improvements Assessment
$89,510 CAD
Total Assessment
$101,749 CAD
  • Listing ID: 38688993

  • Date on Market: 2025-12-07

  • Last Updated:

  • Address: 3707 10th Ave SW, Huntsville, AL 35805

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