Multifamily
Jonathan Drive Apartments
2212 Jonathan Dr NW, Huntsville, AL 35810
Listing Price: $2,900,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Huntsville, AL. This offering will allow a potential investor to purchase a rare value-add opportunity.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE JONATHAN DRIVE APARTMENTS.
Broker of Record
Financing By
Listing Price: $2,900,000
Investment Highlights
- Rents are currently $215 below market
- 4.4 Miles (8 minute drive) from downtown Huntsville
- Directly off US-431, a major interstate that runs through Alabama to Kentucky
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale this property in Huntsville, AL. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE JONATHAN DRIVE APARTMENTS.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
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