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    4421 NW Bonnell Drive

    Huntsville, AL 35816
    • $2,195,000
    • STATUS: Active
    • ON SITE: 52 days
    • MLS #: 1770678
    UPDATED: 228 min ago
    $2,195,000
    • 0
      BEDS
    • 1.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 24,389
      SQFT
    • $90
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Huntsville Al 37 Unit Complex. Includes 4419, 4421, 4423 Bonnell Dr. Current annualized gross income $257,963. 10% management $25,796 Utilities $27,061, Maintenance $25,981, Pest Grass Grounds $10,259, Insurance $8,200, Taxes $9,500 NOI $152,116. Annualized 2020 effective actual cap = 6.9%. Immediate upside to current rents and additional high value add potential. All units rented, except one that is being turned.

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    © 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Southern Shade Realty Inc. and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-26T00:26:53.627.
    www.southernshaderealty.com/homes/112401027
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    4421 NW Bonnell Drive Huntsville, AL 35816

    • Price: $2,195,000
    • Status: Active
    • Updated: 228 min ago
    • MLS #: 1770678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.78
    Acres
    24,389
    SQFT
    $90
    $/SQFT
    Neighborhood:
    Executive Hills
    County:
    Madison
    Area:
    Madison
    Elementary School:
    Highland Elementary
    Middle School:
    Mcnair
    High School:
    Jemison
    Property Description
    Huntsville Al 37 Unit Complex. Includes 4419, 4421, 4423 Bonnell Dr. Current annualized gross income $257,963. 10% management $25,796 Utilities $27,061, Maintenance $25,981, Pest Grass Grounds $10,259, Insurance $8,200, Taxes $9,500 NOI $152,116. Annualized 2020 effective actual cap = 6.9%. Immediate upside to current rents and additional high value add potential. All units rented, except one that is being turned.
    Exterior Features

    Parking Features Parking Lot

    Interior Features

    Bedrooms In Unit2 2 Bedrooms Unit1 1 Building Area Total 24389 Full Baths In Unit1 1 Full Baths In Unit2 1 Heating YN No

    Property Features

    City Limits Yes New Construction YN No Number Of Units Unit2 1 Property Condition 26-35 Years Property Sub Type Multi Family Saleor Rent For Sale Sewer Public Sewer Water Source Public Year Built Renovated 36

    Listing provided courtesy of David Frederick Realty.


    © 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Southern Shade Realty Inc. and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-01-26T00:26:53.627.
     
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    Southern Shade Realty Inc.
    27453 Capshaw Rd. Ste E
    Athens AL, 35613