L David Frederick

Looking for a great apartment near schools, shopping, dining, and public transportation? Look no further! Apollo Ridge offers one bedroom apartments for rent just minutes from Oakwood University and The University of Alabama in Huntsville. With an excellent location, convenient parking, and beautiful landscaping, you’ll feel right at home in our small and friendly community. Our newly renovated, comfortable one bedroom floor plans are designed to make you feel welcome from the moment you arrive. An all-electric kitchen, back porch, easy-to-maintain flooring, mini blinds, closet space, and mud room/laundry area make our apartments a wonderful place to call home. Stylish new finishes include new white shaker cabinetry, modern countertops, plank flooring, and designer paint, hardware, and fixtures. You'll find a home perfect for your household at Apollo Ridge.Apollo Ridge is an apartment community managed by Vicinia Property Management, located in Madison County and the 35816 ZIP Code. This area is served by the Huntsville City attendance zone.

Full occupied. Vaulted 1 BR loft units. Rent well. Located on ridge. Tenants pay electric/water/sewer/cable..

Vaulted 1 BR loft units. Rents well. Located on ridge. Tenants pay electric/water/sewer/cable. One unit being turned. Call listing agent for more information.

Huntsville Al 37 Unit Complex. Includes 4419, 4421, 4423 Bonnell Dr. Current annualized gross income $257,963. 10% management $25,796 Utilities $27,061, Maintenance $25,981, Pest Grass Grounds $10,259, Insurance $8,200, Taxes $9,500 NOI $152,116. Annualized 2020 effective actual cap = 6.9%. Immediate upside to current rents and additional high value add potential. All units rented, except one that is being turned.

L David Frederick

About L David Frederick

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Recent property sales & transaction history

4 properties

Huntsville

Apartment, Family Home

$150,000 to $1,400,000

1,900 ft² to 3,700 ft²

Properties for sale by listing agent L David Frederick

$220,000

$730

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L David Frederick

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