Homes for sale in Huntsville AL; Huntsville AL MLS news.

Tuesday, December 13, 2011

Homes for sale in Huntsville al

Homes for sale in Huntsville AL; Multi family properties,
December 13th, 2011 6:26 PM
Homes for sale in Huntsville AL; Multi family properties,
the link below is to a map of the location and Google's interactive street view. ( The house is located in south Huntsville.)http://maps.google.com/maps?q=4023+HUNTERS+RIDGE+DRIVE,+HUNTSVILLE,+AL+35802&hl=en&ll=34.679382,-86.579304&spn=0.030068,0.084372&sll=37.0625,-95.677068&sspn=29.716225,86.396484&vpsrc=6&hnear=4023+Hunters+Ridge+Dr+SW,+Huntsville,+Alabama+35802&t=m&z=14The unit came on the market 12/07/11 and last sold in 07 at $260,000.http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119593The link below is to a summary of MLS activity in the complex in the past 12 months. There have been no sales. I had to look back to 2008 to find any sales. (The market for multi-family has crashed since then.)http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7115119598I would urge caution in this neighborhood. It is a relatively large development with many different owners. Some owners are better than others in tenant screening and maintenance. The area seem stable but it will take a strong, consistent hands on manager to make this unit profitable.The link below is to a unit in a much better area that might be worth a closer look.

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