Northgate Apartments

1057 N Main St, ARAB, AL 35016

  • For Sale $840,000
  • Property Type Multi-Family
  • Property Size 11,200 SF
  • Units 16
  • Lot Size 1.74 Acre
  • Additional Rent Contact for pricing
  • Year Built 1970
  • Date Updated Nov 15, 2024
16 Units in Arab, ALPerfect for the savvy Multifamily / Low-Rise/Garden investor, 1057 N Main St offers a prime investment opportunity. This impressive 11,200 SF building houses 16 units with Washer Dryer Hookups, boasting recent CAP EX remodels totaling $180K. With 12 out of 16 units already remodeled, the property presents a compelling value-add potential. The roof, less than 10 years old, adds further appeal to this property built in 1970. Located in the ARAB area, this property epitomizes lucrative investment potential, making it a must-consider opportunity for discerning investors.

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Highlights

  • Washer Dryer Hookups
  • 180K spent in CAP EX remodels
  • 12 of 16 units have been remodeled
  • Roof is less than 10 years old

Contacts

broker

Paul McDonald

SVN | AVAT Realty

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent

  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • City ARAB, AL
  • Zip Code 35016
  • Market Huntsville

Points of Interest

  • Murphy USA

    0.59 miles

  • Space Age

    1.62 miles

  • Marathon

    2.82 miles

  • Chevron

    4.78 miles

  • Public Boat Launch

    9.12 miles

  • Captain D's

    0.21 miles

  • Arby's

    0.22 miles

  • DQ Grill & Chill

    0.24 miles

  • Zaxby's

    0.40 miles

  • McDonald's

    0.54 miles

  • Burger King

    0.71 miles

  • Waffle House

    0.71 miles

  • Sonic

    0.91 miles

  • L Rancho Cafe

    1.22 miles

  • Arab Primary School

    0.23 miles

  • Arab Elementary School

    0.53 miles

  • Arab High School

    0.75 miles

  • Arab Junior High School

    1.62 miles

  • Rice School

    2.25 miles

  • Brindlee Mountain Elementary School

    3.35 miles

  • Mobbs School

    3.93 miles

  • Joppa Junior High School

    4.17 miles

  • Brindlee Mountain High School

    5.37 miles

  • Brindlee Mountain Primary School

    5.44 miles

Frequently Asked Questions

How much does Northgate Apartments cost?

The space currently listed for sale at Northgate Apartments asks for $840,000.

What is the total square footage of Northgate Apartments?

Northgate Apartments totals 11,200 square feet.

When was this property built?

Northgate Apartments was built in 1970.

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Contact Listing Broker

broker

Paul McDonald

SVN | AVAT Realty