The Station at Town Madison

Posted: 3/9/2021
274 Units
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison
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The Station at Town Madison

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About

About The Station at Town Madison

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Station at Town Madison, a 274-unit, 2020-built apartment community. The property is situated within the 563-acre Town Madison master development highlighted by Toyota Field, home to Huntsville’s new minor league baseball team. Huntsville has experienced 7.2% annualized apartment rent growth in Q1 2021, following 9.7% in 2020, and 6.0% in 2019. Delivered in March 2020, The Station at Town Madison is now 81% occupied / 88% leased with stabilization expected in April following a tremendous leasing season that averaged 29 units/month from June-Sep 2020. The property boasts unmatched amenities and finishes in the marketplace and has maintained excellent leasing velocity offering the next investor substantial value add upside by pushing 2nd generation leases