Hey guys - looking for feedback on 35802 in Huntsville? What do you think of schools, jobs, crime, quality of tenants? Thanks in advance.

Schools, meh, jobs meh, not much crime, tenants are great.Good area for a short commute to the arsenal, where all the jobs are.

Looks like they came back on the market after being taken off maybe a month ago. Not sure why that deal went through.That area is kinda weird--it's a street of four plexes that you enter by driving through what looks like the alley behind a walmart. The tenant class is not great, and the density of tenant class means that better tenants have zero desire to live there. Anyone who can afford 800 a month in rent will not want to live in one of those units.

@Cody Martin 20k/door overpriced imo, or more, but that doesn’t change the fact that someone will overpay. I’m usually shooting for cash flow though so my model is probably different than the type of people buying these

Agree with @Peter McDonough - 35802 is quite diverse. SFH in Jones Valley can range from as low as $175k to over 1 mil within just a 5 minute radius.

It's the exception to the rule for the usually great tenants of 35802. SFRs are much much better in the area.

@Caleb Bryant thanks for your input. I definitely knew they were overpriced, just wanted someone’s opinion to how much they thought. I’m in the middle of a 1031 and not looking to promising to buy 12-16 units like I want to.

@Peter McDonough how overpriced do you think the 3 tri plexes and one 4 plex are that hit the market today? All on Mahogany Row for around 979k total price.

what is Huntsville 35802 like?what is Huntsville 35802 like?

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what is Huntsville 35802 like?

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