Huntsville Multifamily Investment
4100 Broyles Avenue Huntsville, AL 35805
4100 Broyles Avenue, Huntsville, AL, 35805
$575,000
For Sale
$575,000
MULTI_FAMILY - Huntsville, AL
Property Size5,616 SF
Lot Size0.45 Acres
Price / SF$102.39
Days on Market163
Property Features for 4100 Broyles Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 16
- Parking features
- Driveway
- Standard status
- Active
- Size
- 5,616 SF
- Lot size
- 0.45 Acres
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Number of units
- 8
Listing Agency
Rosenblum Realty, Inc.
(256) 539-9501
2314 S Memorial Pkwy, Huntsville, AL
Listed by
Kristin Milam · License #145729
(256) 425-2549
Added: Feb 6 Checked: Jul 19 at 3:06 am
MLS# 21908917
Listing URL
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Investment Insights
Based on property information with market context.
This multifamily property in Huntsville, Alabama, presents an investment opportunity with potential for increased income. The property comprises 8 units, including 5 one-bedroom and 3 two-bedroom configurations. Situated in close proximity to Redstone Arsenal, the location also offers convenient access to shopping, dining, Memorial Parkway, 565, and downtown Huntsville. The roof was replaced in 2015. Some units feature updated LVP flooring and new paint. The property occupies a 0.45-acre lot. The building size is 5,616 square feet.
Key Highlights
- Investment property with potential to increase income value.
- 8 total units: Featuring 5 one‑bedroom and 3 two‑bedroom units.
- Close proximity to Redstone Arsenal, shopping, and dining.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $14.04 |
| − Vacancy | −$14.4k | −$2.56 |
| EGI | $64.5k | $11.48 |
| − OpEx | −$29.0k | −$5.17 |
| NOI | $35.5k | $6.32 |
5,616 SF · lease $14.04/SF/yr · vacancy 18.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$506.8K
$443.4K – $591.2K
NOI $35,474 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.46M
$1.28M – $1.71M
NOI $102,368 @ 7.0% cap · market cap 17.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
JUP Roofing,llc.
Roofing Company
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multifamily property with income potential near Redstone Arsenal.
Where is this apartment building located?
The property is located at 4100 Broyles Avenue Huntsville, AL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Investment property with potential to increase income value.; 8 total units: Featuring 5 one‑bedroom and 3 two‑bedroom units.; Close proximity to Redstone Arsenal, shopping, and dining.
