Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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Luxury Five Points Apartments | The Stella at Five Points

Luxury Five Points Apartments | The Stella at Five Points

Class A New Construction Restaurant Space Available at The Stella at Five Points. This space will comprise 351 loft apartments on the top floors with 3,200 SF of retail & restaurant space on the ground floor. Set to become the focal point of the Historic Olde Towne neighborhood it is conveniently located approximately 1 mile from downtown Huntsville and offers convenient access to I-565. It is also situated prominently in the popular Five Points area and only a short distance to Monte Sano Mountain and State Park for numerous outdoor activities. Rental Rate & TI is negotiable. High Visibility Corner Location facing the Pratt Avenue & Schiffman Street intersection.

Reference: www.loopnet.com

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