Four-Unit
For Sale
$355,000
1408 Ascent Trail, Huntsville, AL 35816
Four two-bedroom residences offer a consistent layout across the property.
Property Size3,620 SF
Price / SF$98.07
Days on Market57
Property Features for 1408 Ascent Trail
General Information
Standard status
Active
Size
3,620 SF
Property subtype
Multi Family
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Building Size
3,620 SF
Listing Agency:
Lamica Realty
Listed By:
Candice Ary · License #128141
(256) 813-8421
Source:
Intownpartners
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 26 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lamica Realty
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Investment Insights
Based on property information with market context.
This quadplex contains four residential units, each configured with two bedrooms and one bathroom. The building totals 3,620 square feet, providing a multi-unit residential asset in a single property.
Located at 1408 Ascent Trail in Huntsville, Alabama, the property is identified by the address 35816. The repeated unit configuration gives the building a straightforward residential layout.
Located at 1408 Ascent Trail in Huntsville, Alabama, the property is identified by the address 35816. The repeated unit configuration gives the building a straightforward residential layout.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 3,620‑square‑foot building
- Located at 1408 Ascent Trail, Huntsville, AL 35816
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,408
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,160
$528.2K
Cap Rate 7%
$377,257
$377.3K
Cap Rate 9%
$293,422
$293.4K
Market Conditions
NOI Build-Up for 3,620 SF
Gross rent
$45.6K $12.60/SF
− Vacancy
−$7.9K −$2.18/SF
EGI
$37.7K $10.42/SF
− OpEx
−$11.3K −$3.13/SF
NOI
$26.4K $7.30/SF
Area
Huntsville, AL
Vacancy
17.29%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,160
Cap Rate 7%
$377,257
Cap Rate 9%
$293,422
Alternative Uses
Best Use
Multifamily LT 5
$377.3K
$330.1K – $440.1K
NOI $26,408 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$326.7K
$285.8K – $381.1K
NOI $22,866 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$942.6K
$824.8K – $1.10M
NOI $65,985 @ 7.0% cap · market cap 18.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
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Business Placement
Demographics for 35816, AL
15,035
Population
7,972
Households
1.9
Avg Household Size
28
Median Age
27%
College-Educated
88%
High-School Grad
5.1 sq mi
ZIP Area
2,948
Density / Sq Mi
$38,947
Median Household Income
$28,060
Median Earnings
$875
Median Rent
$114,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom residences offer a consistent layout across the property.
Where is this quadplex located?
The property is located at 1408 Ascent Trail Huntsville, AL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 3,620‑square‑foot building; Located at 1408 Ascent Trail, Huntsville, AL 35816
