Magnolia Apartments

For Sale

102 Winchester Rd NW, Huntsville, AL 35810

This Huntsville property for sale is located at 102 Winchester Rd NW. The current listed sale price for Magnolia Apartments is $7,000,000. Magnolia Apartments is situated on a lot that is 3.27 acre in size.

Contacts

broker

Frank Gyorody

Lee & Associates - Charlotte

(704) 313-6871

Property Details

  • Property Type Multi-Family
  • Property Size 43,200 SF
  • Units 48
  • Lot Size 3.27 Acre
  • Additional Rent Contact for pricing
  • Year Built 1974
  • Year Renovated 2020
  • Date Updated May 1, 2024
Seller Financing Financing 1st Loan Loan Amount $4,200.000 LTV 60% Loan Type New Loan Term 5 Years Interest Rate 5.00% Amortization 30 years Loan Maturity January 2029

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Highlights

  • Substantial CapEx Invested in 2020 (New Roofs, Exterior Paint, New Windows, Significant Interior Upgrades)
  • New faux-wood flooring, faux-granite countertops, new cabinets, new AC units, new black appliances, new fixtures, new low-flow toilets
  • Fiber internet connections providing additional income of $50/unit ($28,800 annually)
  • Within walking distance of Alabama A&T University

Getting around

  • 19/100

    Walk Score ®

  • 15/100

    Transit Score ®

  • 50/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Huntsville, AL
  • Neighborhood Alderbrook
  • Zip Code 35810
  • Market Huntsville

Points of Interest

  • Wavaho

    0.10 miles

  • Shell

    1.78 miles

  • Exxon

    2.22 miles

  • Texaco

    2.98 miles

  • Fuel station

    3.11 miles

  • Shell

    3.42 miles

  • Liberty 2000

    3.63 miles

  • Texaco

    3.75 miles

  • Pratt Chevron

    3.80 miles

  • Costco Gasoline

    3.86 miles

  • Lowe's

    1.65 miles

  • A&M Agribition Center

    2.15 miles

  • A&M Agibition Center

    2.18 miles

  • CinRam

    2.30 miles

  • WalMart

    2.31 miles

  • Loading Dock

    2.99 miles

  • Land Trust of North Alabama: Monte Sano Nature Preserve

    3.83 miles

  • Lot P

    4.00 miles

  • Huntsville Police Department

    4.06 miles

  • Huntsville Visitors And Convention Center

    4.12 miles

  • Microtel Inn & Suites by Wyndham Huntsville

    2.88 miles

  • Bama Inn

    4.78 miles

  • Value Place

    4.83 miles

  • Embassy Suites

    4.83 miles

  • Days Inn

    4.86 miles

  • Quality Inn

    4.87 miles

  • Super 8

    4.92 miles

  • SpringHill Suites

    4.96 miles

  • Courtyard

    5.81 miles

  • Tom Bevill Center

    5.86 miles

  • Rural King

    1.78 miles

  • Kroger

    2.24 miles

  • Walmart Supercenter

    2.25 miles

  • Kroger

    3.35 miles

  • Star Supermarket

    3.81 miles

  • Garden Cove

    3.88 miles

  • UG White Mercantile

    4.35 miles

  • Walmart Neighborhood Market

    4.56 miles

  • ALDI

    4.77 miles

  • Star Supermarket

    4.92 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Frank Gyorody

Lee & Associates - Charlotte

(704) 313-6871