Northgate Terrace 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 Dec 6, 2024
Discover the charm of ARAB, AL, a vibrant community with a small-town feel and a big heart. Nestled in a picturesque setting, this flourishing town offers a wide range of amenities and attractions, making it an ideal location for Multifamily / Low-Rise/Garden investors. Residents at Northgate Terrace Apartments can enjoy the convenience of nearby shopping centers, local eateries, and community parks, creating a desirable living environment. With a strong sense of community and an array of recreational opportunities, ARAB boasts a welcoming atmosphere that appeals to both tenants and investors alike. Don't miss the opportunity to become part of this thriving locale!Perfect 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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Contacts

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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 Terrace Apartments cost?

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

What is the total square footage of Northgate Terrace Apartments?

Northgate Terrace Apartments totals 11,200 square feet.

When was this property built?

Northgate Terrace Apartments was built in 1970.

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Contact Listing Broker
broker

SVN | AVAT Realty