- 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it allows for complete customization and modernization of the property without the constraints of previous designs or outdated infrastructure.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.
