Building Details

Year Built 1981

Listing Agency: Gateway AL Realty Group LLC

Listed By: Len Johnson · License #40398 Show Phone

Source: Exitrealty

Added: Jan 8 Changed: Oct 15 Last Checked: Oct 14 at 10:33PM

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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 Gateway AL Realty Group LLC

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Investment Insights

Based on property information with market context.

This four-unit apartment building presents an opportunity to increase rental income upon lease renewals. Market rent for 2/1 apartments in this area is $900 per month and up. The property's location offers convenient access to major employers such as Redstone Arsenal and Research Park, as well as the University of Alabama (UAH). The property maintains 100% occupancy and may qualify for residential financing.

Key Highlights

• 100% occupancy.
• Potential to increase rental income to $900/month per unit.
• Qualifies for residential financing with lower interest rates.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service Daycare Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239

Businesses Nearby

Explore this area Business Placement

Demographics for 35805, AL

23,189

Population

10,618

Households

2.2

Avg Household Size

31

Median Age

18%

College-Educated

78%

High-School Grad

9.2 sq mi

ZIP Area

2,521

Density / Sq Mi

$31,247

Median Household Income

$26,824

Median Earnings

$800

Median Rent

$108,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four-unit apartment building near Redstone Arsenal and Research Park.

Where is this quadplex located?

The property is located at 2222 Wind Trace SW Circle Huntsville, AL.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: 100% occupancy.; Potential to increase rental income to $900/month per unit.; Qualifies for residential financing with lower interest rates.