Villa Madrid

MARKET | HUNTSVILLE, AL Discover the vibrant setting of Villa Madrid in Huntsville, AL, a promising investment opportunity for Multifamily / Low-Rise/Garden investors. Nestled in the thriving Huntsville Metro market, the area is teeming with attractions and amenities. Data from RealPage shows that Huntsville, a metropolitan area of about 514,000, recorded renter household growth of 15.1% in 2023, and a 33% increase in renter households since 2022. Huntsville was the only city in double digits and far exceeded some of the hottest real estate markets around the country – Nashville, Tennessee; Charlotte, North Carolina; Raleigh-Durham, North Carolina; Austin, Texas and a number of Florida cities. Enjoy convenient access to the acclaimed U.S. Space & Rocket Center, an iconic cultural attraction, and the vibrant Lowe Mill Arts & Entertainment, a hub for local artists and creatives. Delight in the scenic landscapes of the Huntsville Botanical Garden and take advantage of the proximity to Redstone Arsenal, a key economic driver in the region. With a dynamic blend of culture, commerce, and natural beauty, the location offers an attractive investment potential for the astute investor. SUBMARKET | WEST HUNTSVILLE Located to the west of Downtown Huntsville, West Huntsville is a thriving district that boasts a wide variety of unique venues, retail stores, and dining options. This neighborhood sits just south of Interstate 565 and west of Downtown Huntsville, bordered by major thoroughfares like U.S. Highway 231 to the north and east. West Huntsville is recognized for its quiet residential streets and pockets of arts and entertainment venues, including Lowe Mill, Stovehouse, and Campus 805. For those who enjoy the mild Southern climate and love to spend time outdoors, West Huntsville is a perfect spot, surrounded by several parks and close to some of the areas best hiking trails. In this city of professionals, commute time is an important asset to a property like Villa Madrid. The property is located a three-mile drive from the heart of Huntsville, and an easy drive to the University of Alabama in Huntsville, Cummings Research Park (the second largest office park in the world), and Redstone Arsenal - Huntsville’s largest employer. This makes it an ideal location for everyone from graduate students who want to find affordable living in this trendy area, to young engineers and other professionals who are moving to Huntsville daily.