Apartment Building with
New
For Sale
$374,900
4909 NW Cotton Row, Huntsville, AL 35816
The property includes a parking lot, balconies, central air, a refrigerator, and an oven.
Property Size3,384 SF
Days on Market2
Property Features for 4909 NW Cotton Row
General Information
Standard status
Active
Size
3,384 SF
Total Parking Spaces
10
Property subtype
Residential Income
Amenities
Central Air
Central
Refrigerator, Oven
Parking Lot
Balcony
Building Details
Building Size
3,384 SF
Buildings
1
Listing Agency:
RCPM
Listed By:
Taylor Wright · License #169757
(256) 809-7566
Source:
Evrealestate
Added: Nov 1
Last Checked: Nov 1 at 3:10PM
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 RCPM
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Investment Insights
Based on property information with market context.
This apartment building on Cotton Row includes balconies and a parking lot. Interior features include central air, a central system, a refrigerator, and an oven. The property is located at 4909 NW Cotton Row in Huntsville, Madison County.
Key Highlights
- Balconies
- On‑site parking lot
- Central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,375
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,500
$427.5K
Cap Rate 7%
$305,357
$305.4K
Cap Rate 9%
$237,500
$237.5K
Market Conditions
NOI Build-Up for 3,384 SF
Gross rent
$47.5K $14.04/SF
− Vacancy
−$8.6K −$2.56/SF
EGI
$38.9K $11.48/SF
− OpEx
−$17.5K −$5.17/SF
NOI
$21.4K $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%
$427,500
Cap Rate 7%
$305,357
Cap Rate 9%
$237,500
Alternative Uses
Best Use
Apartment 5plus
$305.4K
$267.2K – $356.3K
NOI $21,375 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$881.2K
$771.1K – $1.03M
NOI $61,684 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
720
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The property includes a parking lot, balconies, central air, a refrigerator, and an oven.
Where is this apartment building located?
The property is located at 4909 NW Cotton Row Huntsville, AL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Balconies; On‑site parking lot; Central air
