Homes for sale huntsville Huntsville Alabama Real Estate

November 7th, 2011 9:58 AM

 November 7, 2011

 
Investment property in Huntsville AL

Investment property in Huntsville AL, Investment property in Huntsville Alabama,Huntsville AL investment property

 

I can work in a little time today and am glad you contacted me prior to committing to a purchase in Executive Hills. It would be very simple for me to let you move forward with a purchase in this area and collect a commission without warning you about the area. This area is crime ridden with consistent events that reach the level of being in the local news.  Last week there was a home invasion.

 
It is very hard to attract stable tenants in the area and one sees a high turnover of ownership of properties. We manage almost 400 investment properties in the Huntsville area and wouldn’t consider managing units in this area.
 
While Huntsville has UAH, UAB Medical, A & M, Oakwood and Calhoun Community we are not a college town. The only concentrations of student housing I am aware of is on campus. Most students live in other parts of town and commute.
 
The link below is to the four active listings in Executive Hills.
 
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114979649
 
1500 ASCENT TRAIL is a foreclosure. The owner wasn’t able to generate enough income from the property to support the mortgage. 1403  ASCENT TRAIL has been on market since 08/06/07 with two different realtors. 4430  BONNELL DRIVE has been on market since 11/23/09. 4431  TORRANCE DRIVE has been on market since 10/07/08.  Huntsville MLS search, Huntsville AL MLS, Huntsville Alabama MLS, Huntsville Alabama MLS search, Huntsville Alabama MLS
 
The link below is to the only sales in the development in the past year. It was a foreclosure. The owner got into financial trouble with the unit, not an uncommon experience in the area.
 
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114979652
 
I work with a number of multi-family investors and it is difficult to find decent, well priced property in Huntsville. Most of the Multi-family sales I have done weren’t posted in the MLS and if a well priced property in a decent area is posted, it sells very quickly
 
 
Map link .
 
http://maps.google.com/maps?q=rosenblum,+35801&hl=en&ll=34.714137,-86.596255&spn=0.014851,0.058451&sll=34.713255,-86.591942&sspn=0.007426,0.021093&vpsrc=6&hq=rosenblum,&hnear=Huntsville,+Alabama+35801&t=h&z=15
 
Filed under: huntsville mls,huntsville mls search,Investment property in Huntsville,mls huntsville,valley mls —
Tags: Huntsville MLS, Investment property in Huntsville, Valley MLS
Posted by Philip Winburn on November 7th, 2011 9:58 AMPost a Comment (0)
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