Multifamily
Broyles Avenue Apartments
4100 Broyles Ave SW, Huntsville, AL 35805
Listing Price: $600,000
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the Broyles Ave Apartments. This offering will allow a potential investor to purchase a rare value-add opportunity Located in Huntsville, AL.
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 BROYLES AVE APARTMENTS.
Broker of Record
Financing By
Listing Price: $600,000
Investment Highlights
- Current ownership has spent $40,000 on capital improvements in the last 36-months
- Rents are currently $218 below market rate
- Individually metered for electric and water
Investment Overview
Marcus & Millichap has been selected to exclusively market for sale the Broyles Ave Apartments. This offering will allow a potential investor to purchase a rare value-add opportunity Located in Huntsville, AL. 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 BROYLES AVE APARTMENTS.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
Financing By
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