64-Unit Apartment
For Sale
Contact for pricing
Pending
501 Laurel Dr. NW, Huntsville, AL 35811
Multifamily asset with upgraded residences, refreshed common areas, and substantial exterior improvements.
Property SizeContact for details
Days on Market149
Property Features for 501 Laurel Dr. NW
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
64
Listing Agency:
SVN | AVAT Realty, LLC
Listed By:
Paul McDonald · License #AL
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Sep 4 at 5:09PM
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 SVN | AVAT Realty, LLC
Investment Insights
Based on property information with market context.
This 64-unit apartment property in Northeast Huntsville includes a mix of residences with notably large floor plans. Two-bedroom units feature two bathrooms. Interior work across a majority of the units includes new flooring, painted finishes, refinished white cabinets, updated hardware, and replacement appliances where needed. Four vacant units remain scheduled for improvement, while some long-term residents’ units have not yet been updated.
The property has received extensive building and common-area work. All 8 roofs were replaced with .060 EPDM commercial-grade systems, most HVAC units were replaced, and 11 units with aluminum wiring were remediated. Exterior upgrades include new signage, painted surfaces, secured patios, adjusted railings, breezeway doors, and new breezeway flooring. Common areas were also brought into current fire-code compliance. The asset is located at 501 Laurel Dr. NW in Huntsville, Alabama.
The property has received extensive building and common-area work. All 8 roofs were replaced with .060 EPDM commercial-grade systems, most HVAC units were replaced, and 11 units with aluminum wiring were remediated. Exterior upgrades include new signage, painted surfaces, secured patios, adjusted railings, breezeway doors, and new breezeway flooring. Common areas were also brought into current fire-code compliance. The asset is located at 501 Laurel Dr. NW in Huntsville, Alabama.
Key Highlights
- 64‑unit apartment asset in Northeast Huntsville
- Two‑bedroom units include two bathrooms
- All 8 roofs replaced with .060 EPDM commercial‑grade systems
Property Analytics
Property Profile
Current Use
Lease Details
64
Residential units
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 35811, AL
30,075
Population
12,314
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
641
Density / Sq Mi
$92,361
Median Household Income
$45,038
Median Earnings
$1,048
Median Rent
$249,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily asset with upgraded residences, refreshed common areas, and substantial exterior improvements.
Where is this apartment building located?
The property is located at 501 Laurel Dr. NW Huntsville, AL.
What are key features of this property?
This property features: 64‑unit apartment asset in Northeast Huntsville; Two‑bedroom units include two bathrooms; All 8 roofs replaced with .060 EPDM commercial‑grade systems
