Fully Occupied Multifamily
For Sale
$265,000
2712 Clayton Drive, Huntsville, AL 35810
The property was built in 1979 and is currently occupied.
Property Size2,256 SF
Price / SF$117.46
Days on Market101
Property Features for 2712 Clayton Drive
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi Family
Occupancy
100%
Building Details
Building Size
2,256 SF
Year Built
1979
Listing Agency:
Gateway Al Realty Group LLC
Listed By:
Len Johnson · License #40398
(256) 509-2078
Source:
Intownpartners
Added: Jul 22
Changed: Oct 27
Last Checked: Oct 27 at 3:16AM
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 2,256-square-foot multifamily property was constructed in 1979 and is fully occupied. It is located near the Research Park district, the University of Alabama campus, and Redstone Arsenal.
A package purchase may include as many as 14 units, subject to confirmation of the available properties.
A package purchase may include as many as 14 units, subject to confirmation of the available properties.
Key Highlights
- 2,256 square feet of multifamily property
- Built in 1979
- Fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,250
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
$285.0K
Cap Rate 7%
$203,571
$203.6K
Cap Rate 9%
$158,333
$158.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$31.7K $14.04/SF
− Vacancy
−$5.8K −$2.56/SF
EGI
$25.9K $11.48/SF
− OpEx
−$11.7K −$5.17/SF
NOI
$14.3K $6.32/SF
Area
Huntsville, AL
Vacancy
18.20%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,000
Cap Rate 7%
$203,571
Cap Rate 9%
$158,333
Alternative Uses
Best Use
Apartment 5plus
$203.6K
$178.1K – $237.5K
NOI $14,250 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$587.5K
$514.0K – $685.4K
NOI $41,122 @ 7.0% cap · market cap 15.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
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Business Placement
Demographics for 35810, AL
29,976
Population
13,283
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
85%
High-School Grad
28.1 sq mi
ZIP Area
1,067
Density / Sq Mi
$46,963
Median Household Income
$31,080
Median Earnings
$1,097
Median Rent
$126,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property was built in 1979 and is currently occupied.
Where is this multifamily property located?
The property is located at 2712 Clayton Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 2,256 square feet of multifamily property; Built in 1979; Fully occupied
