Marcus & Millichap Sells 228-Unit Multifamily In Huntsville, AL For $9.3M

A multifamily property located at 3800 Governors Drive Southwest in Huntsville, AL has been sold. The property consists of 228 units and was sold for a price of $9,300,000, resulting in an average price per unit of $40,789. The transaction was facilitated by brokers Josh Jacobs and Royce Emerson from Marcus & Millichap.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $9,300,000
• Address: 3800 Governors Drive Southwest, Huntsville, AL
• Market: Huntsville, AL
• Units: 228
• Price Per Unit: $40,789

Josh Jacobs and Royce Emerson, representing Marcus & Millichap, played a key role in facilitating the sale of the property. Their expertise in the real estate market and their dedication to client satisfaction were crucial in ensuring a successful transaction.