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29818637
29818650

6207 Friar Tuck Dr NW, Huntsville, AL 35806

SS
AL AL 72656
Huntsville-Keller Williams Realty
Listed by Huntsville-Keller Williams Realty
$485,000
137 days on market
Updated 137 days ago

Friar Tuck (Sherwood Forest) 4 Plex

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,924
Net Rentable (SqFt) 3,924
Units 4
Cap Rate 6.66%
NOI $32,300
Occupancy 100%
Pro-Forma Cap Rate 8.52%
Pro-Forma NOI $41,300
Price per SqFt $124
Broker Co-Op Yes
Class B
Year Built 1983
Year Renovated 5
Buildings 1
Stories 2
Acreage 0.230
Parking Spaces 2 per unit
Investment Type Value Add
Occupancy Date 02/18/2026
Sale Condition 1031 exchange

1031 Exchange Investment Opportunity 100% Occupied!

Marketing description

LOCATION, LOCATION, LOCATION! 100% Occupied! Multi-family investment opportunity with convenient access to I-565 and Research Park, located less than 10 minutes from Bridge Street, MidCity, Redstone Arsenal Gate 9, shopping and dining. This 4-plex features four spacious 2-bedroom and 2 full bath units, each designed with functional layouts with exterior storage closets. Every unit includes a kitchen equipped with refrigerator, range/oven, dishwasher, disposal and microwave. Floor plans offer a dining area with side entry door, living room, W/D connections, hall linen closet, and coat closet. Bedrooms have ceiling fans and primary bedrooms feature private full bathrooms and huge walk-in closets.

Tenants pay: water, sewer, & electric. Owner pays: waste removal & landscaping. Roof and gutters less than 2 years old, 3 HVAC units replaced in the last 5-6 years. All appliances and water heaters have been replaced within last 5-10 years. Interior finishes: 2 w/ tile, 1 w/ LVP, & 1 w/ carpet. Rear parking lot w/ 2 spaces/unit. 2 tenants on month-to-month leases, 2 recent tenants on 1-year leases. Current rents are slightly below market, offering immediate upside potential & opportunity for future rent increases. Please do not disturb tenants.

Investment highlights

  • Perfect addition to your portfolio or 1031 exchange replacement property with immediate opportunity for rent increases on two- month to month leases.

  • 2 Bedroom/ 2 Full Bathrooms

  • Easy access to I-565, Research Park and Redstone Arsenal Gate 9

  • Nearby shopping, restaurants and entertainment including Bridge Street Town Center, Mid City District

  • Strong rental demand area with excellent accessibility.

  • Individually metered and tenants pay water, sewer and electric.

  • Roof and Gutters less than 2 years old

Listing Contacts

SS
AL AL 72656
Huntsville-Keller Williams Realty
Listed by Huntsville-Keller Williams Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$32,300.00
$2,691.67/mo

Valuation Metrics

0
DSCR
6.66%
Cap Rate
6.66%
ROI

Map

Zoning

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C1 CommercialNeighborhood CommercialNeighborhood Business
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Summer Shelkey
License
AL 72656
Brokerage Phone
2564179394
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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