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314 Old Gurley Rd NE Huntsville, AL 35811

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For Sale
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Completed in 2022, located near Downtown Huntsville, Alabama.

Property size:
239,964 SF

Property Features for 314 Old Gurley Rd NE

General Information

Size
239,964 SF

Building Details

Year built
2022

Source: Andrew Agee Agent Andrew Agee

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Class A Apartment Asset

The Views at Chase Creek is a Class A apartment asset completed in 2022, featuring 228 units. Located just eight minutes from Downtown Huntsville, Alabama, the property is situated in Northeast Huntsville, a fast-growing submarket with average household incomes exceeding $90,000. This area is experiencing significant development, with a Starbucks, Chick-fil-A, and a Food City center under construction within a half-mile radius. Its proximity to downtown Huntsville, Alabama A&M University, and Chase Industrial Park makes it an ideal location for students, families, and empty nesters. The property features amenities that appeal to the modern tenant, including a fully equipped gym, an outdoor pool with an expansive deck, and an impressive clubhouse. Apartments include granite countertops, high-end fixtures, and large walk-in closets. The Northeast Huntsville submarket has several name-brand developments planned and underway. The property has immediate upside potential and is positioned to achieve a return on investment. The cost to construct Views at Chase Creek would be approaching $250,000 per unit at today’s prices.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Views at Chase Creek Apartment Rental Agency EMS Truck and Trailer ... Mechanic Chase Ceeek Appartments Apartment Building

Suggested Use

Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Huntsville
County
Madison
State
Alabama
Longitude
-86.528582
Latitude
34.770982

FAQs

What type of property is this?
Apartment building - Completed in 2022, located near Downtown Huntsville, Alabama.
Where is this apartment building located?
The property is located at 314 Old Gurley Rd NE Huntsville, AL.
What are key features of this property?
This property features: - Class A apartment asset built in 2022 with modern amenities and high-end finishes.; - Located in fast-growing Northeast Huntsville with high average household incomes.; - Significant rent upside potential (up to $150/unit/month) compared to comparable properties.
More about this property
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