The Continental Huntsville, AL

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The Continental

Address

1302 Boxwood Dr
Huntsville, AL 35816

Summary

  • Units: 68
  • Built: 2024

Investment Highlights

  • Strategic Location Near Downtown Huntsville
  • Offered At An Extremely Attractive Basis
  • Blank Canvas Ready For Buildout
  • Attractive Unit Mix
  • Located In Opportunity Zone
  • Offered Free & Clear Of Existing Debt


Strategic Location Near Downtown Huntsville

The Continental benefits from being relatively shielded from new development due to the limited availability of developable parcels in the immediate area. This scarcity enhances long-term demand and stability for the property. The location offers residents quick access to abundant big-box retail, grocery stores, local shops, diverse restaurants, and entertainment venues such as Topgolf, providing convenience and lifestyle appeal.

Positioned directly across the street from the University of Alabama in Huntsville (UAH) and just down the road from the aerospace, space, and military district, the property attracts a broad range of tenants, from students and academics to professionals in Huntsville's thriving high-tech and defense sectors. This prime positioning secures sustained rental demand and long-term investment potential.

Offered At An Extremely Attractive Basis

The Continental is offered at an extremely attractive basis, well below replacement cost. This presents a significant advantage, allowing new ownership to enter the market with a higher potential for returns. Lower breakeven points than competing Class-A product in the marketplace will enhance cash flow resilience, reducing risk and providing greater flexibility for future renovations, repositioning strategies, or capital improvements, and ultimately maximizing profitability.

Blank Canvas Ready For Buildout

The Continental is essentially a blank canvas, primed for a fresh start and ready to be built back out, with proposed plans included. Acquiring the property at this stage offers a unique advantage to investors and developers, as it allows for complete customization and modernization of the property without the constraints of previous designs or outdated infrastructure. With the structural framework intact, new layouts, finishes, and systems can be installed to meet current market demands and building codes, providing an opportunity to increase the property's appeal, functionality, and value. This blank slate approach accelerates the path to revitalization and maximizes the potential for long-term returns.

Location Map

Amenities

Tenant Services

Planned Unit Amenities

  • Hard Surface Counters
  • High-End Fixtures & Hardware
  • Stainless Appliances
  • Smart Features
  • Luxury Bath Features
  • In-Unit Laundry

Planned Community Amenities

  • Gym
  • Pool
  • Package Locker
  • Pet Area w/ Washing Station
  • EV Charging
  • Fenced & Gated

Team

Brokerage Team

When evaluating your options for a partner to assist with the sale of your multifamily asset, there are a number of factors you may consider. From experience and market knowledge to marketing prowess and ongoing support, each plays an integral role in creating a positive experience and a profitable outcome. Yet the one competency you may never have considered could be the one that matters most: the ability to move capital across markets efficiently and effectively.




MMG possesses a unique combination of talent, resources, expertise, and access that delivers an elevated experience from acquisition to disposition. Discover the benefits of a partnership with us.

Kendall Adams

Kendall Adams

Senior Advisor
MMG REA
678.230.8191 kendall.adams@mmgrea.com
David Huey

David Huey

Senior Director
MMG REA
813.909.6259 david.huey@mmgrea.com
Zach Croake

Zach Croake

Associate
MMG REA
913.956.8559 zach.croake@mmgrea.com
Brett Meinzer

Brett Meinzer

Managing Director
MMG REA
816.516.8515 brett.meinzer@mmgrea.com
Thomas Skevington

Thomas Skevington

Senior Advisor
MMG REA
913.231.1086 thomas.skevington@mmgrea.com
Tanner Wycoff

Tanner Wycoff

Director of Structured Finance
MMG REA
785-331-8123 tanner.wycoff@mmgrea.com
Alex Blagojevich

Alex Blagojevich

Executive Managing Director/Founding Partner
MMG REA
773.899.0391 alex.blagojevich@mmgrea.com
Michael Sullivan

Michael Sullivan

Executive Managing Director/Founding Partner
MMG REA
913.484.7923 michael.sullivan@mmgrea.com
Scott Reid

Scott Reid

In Association With ParaSell, Inc.
949.924.6578 scott@parasellinc.com

In Association With

SCOTT REID & PARASELL, INC. A LICENSED ALABAMA BROKER #000127148-0