Cottages at 3004

Investment Overview

Cottages at 3004 is a 28-unit, approximately 10,080-square-foot apartment community located in Southwest Huntsville. Originally built in 1950 and recently renovated in 2025, the property offers a unique cottage-style layout within an established neighborhood. Its proximity to major employment hubs, retail centers, and key transportation corridors supports consistent rental demand from workforce tenants and long-term residents alike. The asset is stable and cash-flowing, with a clear path to revenue growth through continued interior upgrades and rent optimization.

Investment Highlights

• - 28 Units | 10,080 Rentable SF
• - Built in 1950 & Expertly Renovated in 2025
• - Located in Huntsville MSA in the growing Southwest Submarket
• - Strong in-place performance with high 95% occupancy and efficient operations.
• - Proven value-add opportunity with 57% of units already renovated and achieving rents of $799, a $254 premium over classic units.
• - Clear path to increase income by upgrading remaining units to match & exceed proven rent levels.