2999 Woodway Dr SW, Huntsville, AL 35805

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Building Details:

• Year Built: 1984

Friedman Integrated Real Estate Solutions, in partnership with Southeast Apartment Partners, present for sale Woodway Pines Apartments, a 272-unit multifamily community located at 2999 SW Woodway Drive in Huntsville, Alabama.

Please note this property will be sold through Auction.com on November 15, 2012. All buyers must register with Auction.com. There is no co-op brokerage fee offered for this sale.

This offering presents to prospective investors the ability to acquire a high-occupancy property with an excellent opportunity to enhance value through curement of deferred maintenance.

Constructed in 1984 on a 17.99-acre site, Woodway Pines sits near a significant tenant base minutes from Aerospace & Defense and close to the Redstone Arsenal, NASA's Marshall Space Flight Center and the U.S. Army Aviation & Missile Command. The lender has recently stabilized the rent roll with high-occupancy and collections.

This REO asset is being sold As Is/Where with no representations or warranties from the seller. Prospective purchasers are encouraged to review all available due diligence materials. Prior to the auction date, property tours will include unit inspections and review of all lease files. Property tours will be conducted by appointment only.