About
About The Palladian at Promenade
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Palladian at Promenade, a 110-unit, 2018-built apartment community located in one of the premier growth markets in the country, Huntsville, AL. Huntsville, arguably one of the hottest economic metros in the U.S. has added $5B+ of capital investments since 2018 and has experienced 8% avg. yearly rent growth since 2019. The asset is easily accessible to multiple job cores throughout Huntsville via Hwy-72 including Redstone Arsenal (44K+ jobs), Cummings Research Park (27K+ jobs), and the newly delivered Toyota-Mazda Plant (4K+ jobs). Delivered in 2018, The Palladian at Promenade has experienced exceptional rent growth averaging 8.4%+ YoY growth in the last 2 years and offers residents a quality 2 & 3 BR BTR townhome community featuring 100% ground floor entry, attached garages, individual 2 car driveways, and premium unit features. Given the strong, in-place rent growth and high-quality residences, Palladian at Promenade presents an outstanding opportunity to acquire a BTR asset in a top-growth market with a proven track record of superb rent growth.