Larson Capital is excited to announce our newest opportunity zone, multi-family development located on the Northwest corner of the Indian Creek and Old Monrovia intersection in Huntsville, Alabama.
The single parcel consists of 9 acres. The site is under due diligence
with an anticipated closing in January 2021 and is entitled for 175 units. Our development includes a three and a half story residential building consisting of 175 multifamily units with 295 parking spaces. With well-appointed 1-bedroom, 2-bedroom and 3-bedroom units, the development will satisfy an increasing demand for modern housing in the ever-growing city of Huntsville, AL.
We believe this project has potential to capture significant upside as the population and employment growth in Huntsville, AL is expected to continue for the foreseeable future. Our project is conveniently located between Interstate 255 and University Drive, just steps away from the numerous shops and restaurants on Providence Main Street. Publix Supermarket is adjacent to our site and a Walmart Supercenter minutes away.
The Larson Capital team combines the expertise, passion, and commitment necessary to bring this project to life. We apply a disciplined, value-driven approach to investing that leads us to projects that meet unrecognized needs and drive long-term benefits to surrounding communities. We invite you to browse this document and explore what we have in mind for Huntsville.
Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.