Magnolia Apartments

102 Winchester Rd NW, Huntsville, AL 35810

  • For Sale $7,000,000
  • Property Type Multi-Family
  • Property Size 43,200 SF
  • Units 48
  • Lot Size 3.27 Acre
  • 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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Reach out to the broker for more info on lease terms and amenities

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

Contacts

broker

Frank Gyorody

Lee & Associates - Charlotte

(704) 313-6871

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent

  • Transit Score ®

    15/100 Minimal Transit

  • Bike Score ®

    50/100 Bikeable
Powered by Walk Score ®
  • 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

  • Felicia Wilson Dining Hall

    0.67 miles

  • Burger King

    1.58 miles

  • Fast food

    1.60 miles

  • Burger King

    2.08 miles

  • Sonic

    2.16 miles

  • Casa Mexicana Restaurant

    2.29 miles

  • Wendy's

    2.35 miles

  • Cook Out

    2.40 miles

  • Little Caesars

    2.53 miles

  • Wendy's

    2.58 miles

  • Ernest L. Knight Reception Center

    0.66 miles

  • Alabama A&M University

    0.69 miles

  • Alabama Agricultural and Mechanical University

    0.72 miles

  • Campus Quad

    0.82 miles

  • The Write Place

    0.85 miles

  • JF Drake State Technical College

    1.51 miles

  • Lakewood Elementary School

    1.77 miles

  • Rolling Hills Elementary School

    1.93 miles

  • Martin Luther King Jr. Elementary

    1.94 miles

  • Davis Hills Elementary School

    2.55 miles

  • Slaughter Road Child Development Center

    9.09 miles

Frequently Asked Questions

What is the lease rate for Magnolia Apartments?

Rental asking rate at Magnolia Apartments is $3,500,000.00/YR.

What is the total square footage of Magnolia Apartments?

Magnolia Apartments totals 43,200 square feet.

When was this property built?

Magnolia Apartments was built in 1974.

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Contact Listing Broker

broker

Frank Gyorody

Lee & Associates - Charlotte

(704) 313-6871