Four-Unit Brick
For Sale
$450,000
1500 Ascent Trail, Huntsville, AL 35806
Recent improvements include replacement windows and decks, exterior work, and new flooring in select units.
Property Size4,074 SF
Price / SF$110.46
Days on Market100
Property Features for 1500 Ascent Trail
General Information
Standard status
Active
Size
4,074 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Building Details
Building Size
4,074 SF
Construction
full brick
Listing Agency:
David Frederick Realty
Listed By:
David Frederick · License #53565
(256) 990-2605
Source:
Intownpartners
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 27 at 3:34AM
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 David Frederick Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,074-square-foot quadplex contains four units and has full-brick construction. The property has undergone several updates, including replacement windows and decks, new lighting, repaired water-heater piping, and new LVP flooring in some units. Exterior work includes vinyl siding on the eaves and paint on exterior wood. GFCIs have also been replaced.
The property is located at 1500 Ascent Trail in Huntsville, Alabama. The remarks describe a two-bedroom, two-full-bath configuration, though they do not specify whether that applies to each unit.
The property is located at 1500 Ascent Trail in Huntsville, Alabama. The remarks describe a two-bedroom, two-full-bath configuration, though they do not specify whether that applies to each unit.
Key Highlights
- Four‑unit quadplex with 4,074 square feet
- Full‑brick construction
- Replacement windows and decks; LVP flooring in some units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,720
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,400
$594.4K
Cap Rate 7%
$424,571
$424.6K
Cap Rate 9%
$330,222
$330.2K
Market Conditions
NOI Build-Up for 4,074 SF
Gross rent
$51.3K $12.60/SF
− Vacancy
−$8.9K −$2.18/SF
EGI
$42.5K $10.42/SF
− OpEx
−$12.7K −$3.13/SF
NOI
$29.7K $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%
$594,400
Cap Rate 7%
$424,571
Cap Rate 9%
$330,222
Alternative Uses
Best Use
Multifamily LT 5
$424.6K
$371.5K – $495.3K
NOI $29,720 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$367.6K
$321.7K – $428.9K
NOI $25,734 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$1.06M
$928.3K – $1.24M
NOI $74,261 @ 7.0% cap · market cap 16.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 35806, AL
25,702
Population
14,398
Households
1.8
Avg Household Size
36
Median Age
60%
College-Educated
97%
High-School Grad
25.4 sq mi
ZIP Area
1,012
Density / Sq Mi
$79,338
Median Household Income
$50,458
Median Earnings
$1,287
Median Rent
$318,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Recent improvements include replacement windows and decks, exterior work, and new flooring in select units.
Where is this quadplex located?
The property is located at 1500 Ascent Trail Huntsville, AL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit quadplex with 4,074 square feet; Full‑brick construction; Replacement windows and decks; LVP flooring in some units
