3915 McVay Street

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Address: 3915 McVay Street, Huntsville, Alabama, US
Created date: February 13, 2024
Date last updated: May 6, 2024
  • 100% occupancy
  • Individually metered water and electric
  • Private off street parking
  • Value-add opportunity as rents reach market rates
  • Mix of studio and one bedroom units
  • Can be purchased with an 8-unit property located at 3815 McVay Street

Property Description

This 16 studio unit multi-family property has been recently renovated. This property is a streamlined one-story brick building. Ideal for modern hi-tech minimalist tenants that want to be close to work and to Huntsville's entertainment district. The building exterior has been painted with modern updated design and beautiful modern privacy fencing. Unit interior renovations can include fresh paint, new cabinets, appliances, LVP flooring, bathroom vanities, toilets and terminal heating/air systems. Renovation work is almost complete. Professional management company is in place and desires to continue with the new owner. Occupancy is 100% and management has tenants on a waiting list. Water and electric are all individually metered so tenants pay the utilities. Annual 2024 property taxes $5,933

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,295,000
No. of Units: 16
Average Occupancy: 7.42
Year Built: 1975
Lot Size: 0.66 Sq ft
Opportunity Zone: No
Price per unit: $80,938
Property Website Click Here
Address: 3915 McVay Street, Huntsville, AL 35805, USA
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