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4011 Eunice St. Southwest Huntsville 4011 Eunice St SW 18 Unit Apartment Building $2,176,816 CAD ($120,934 CAD/Unit) 5.28% Cap Rate Huntsville, AL 35805
Investment Highlights
- Fresh updated exteriors and upgraded interiors in 2025 & 2026.
- Value-add opportunity with increased rents.
- 17 one-bedroom units and 1 two-bedroom unit.
- Located next door to Huntsville's largest employer, Redstone Arsenal Base.
- New premium on-site laundry.
Executive Summary
Discover the vibrant potential of the Huntsville market, where tradition meets innovation. The area surrounding the property is rich in history and offers a diverse array of cultural attractions, including the U.S. Space & Rocket Center, Redstone Arsenal, and the charming Big Spring Park. Investors will appreciate the city's burgeoning tech industry, proximity to leading universities, and strategic position within the Southeast. With a dynamic mix of business, education, and leisure, the Huntsville market presents an exciting opportunity for Multifamily/High-Rise investors seeking to capitalize on a dynamic and growing community. Introducing an exceptional investment opportunity in Huntsville, Alabama. This well-maintained property features an 11,160 SF building comprising 18 units, ideal for Multifamily/Low-Rise/Garden investors. Built in 1978 and thoughtfully renovated in 2025, it offers modern living spaces within a historical context. Zoned R2B, this property is situated in a prime location. Currently boasting an attractive blend of history, modernity, and investment potential, this property offers a compelling opportunity in the Huntsville market. Beautiful new style inside and outside brings new life to southwest Huntsville.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,176,816 CAD | Building Class | C |
| Price Per Unit | $120,934 CAD | Lot Size | 0.87 AC |
| Sale Type | Investment | Building Size | 11,160 SF |
| Cap Rate | 5.28% | Average Occupancy | 89% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1978/2026 |
| Property Subtype | Apartment | Parking Ratio | 1.79/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2B - R2B district is a high-density residential zone that typically allows for a mixture of housing types and some light commercial uses. | ||
| Price | $2,176,816 CAD |
| Price Per Unit | $120,934 CAD |
| Sale Type | Investment |
| Cap Rate | 5.28% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.87 AC |
| Building Size | 11,160 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2026 |
| Parking Ratio | 1.79/1,000 SF |
| Zoning | R2B - R2B district is a high-density residential zone that typically allows for a mixture of housing types and some light commercial uses. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walking/Biking Trails
- Storage Space
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,286 CAD | - |
| 1+1 | 17 | $1,150 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 17-05-15-2-004-074.000 | Improvements Assessment | $127,480 CAD (2025) |
| Land Assessment | $41,468 CAD (2025) | Total Assessment | $168,948 CAD (2025) |
Property Taxes
Parcel Number
17-05-15-2-004-074.000
Land Assessment
$41,468 CAD (2025)
Improvements Assessment
$127,480 CAD (2025)
Total Assessment
$168,948 CAD (2025)
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4011 Eunice St. Southwest Huntsville | 4011 Eunice St SW
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