218 Travis Rd NW - Apartments FOR SALE


Huntsville, AL 35806
$325,000 USD
256-202-1648
218 Travis Rd NW, Huntsville, AL for Sale
$325,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

218 Travis Rd NW
Huntsville, AL 35806


HIGHLIGHTS

  • This property has many commercial possibilities beyond residential. Ask about an option for direct connection to Research Park Blvd.
  • Feels like you're in nature yet it's in the middle of everything.
  • Not zoned. Not in the city limits, though surrounded by commercial and residential properties.

OVERVIEW

NOW LISTED with two adjacent lots (in separate listings) for a total of 4.67 ac available with connection to Research Park Blvd and 700' of road frontage! This link will give you all the details: https://huntsville-realestate.net/blog/f/just-listed-467-acres-on-research-park-blvd. Unique investment opportunity with the possibility of multiple revenue streams on 1.6 acres of prime real estate! Potential opportunity for student housing. Amazing location just off Research Park Blvd Near Oakwood Rd. and Oakwood University Close to Mid-City, Redstone Arsenal, Research Park, UAH, Toyota Motor Manufacturing, restaurants, entertainment and more! Wooded and isolated, yet in the middle of everything! Approx 1600 square foot home has 3 bedrooms, ea w/its own private bath. Ideal for housing 3 students. 3 mobile homes or RVs could be added for even more revenue streams. There are 4 septic systems (including house) on the property and at least 2 remote electrical hookups Not in Any City Limits Property is unrestricted. Endless possibilities: day care, assisted living facility, dog boarding, mini-storage, etc, etc. Could be annexed into the city as many properties in this neighborhood have been. Or, take advantage of the lack of restrictions in the middle of the city! Buyers should conduct their own property feature inspections and feasibility studies for potential uses.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

3

PRICE/UNIT

$108,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hidden Haven

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

NONE

APN/PARCEL ID

14-04-19-0-002-068.000

ASK ABOUT THIS PROPERTY

John HensonSouthern Elite RealtyMore Info
256-202-1648

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John HensonSouthern Elite RealtyMore Info
256-202-1648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.