Property Description

  • FarmHaus  Apartments  is  a  324-unit  Class  A  multifamily  apartment community located in Madison, a suburb of Huntsville, Alabama. Huntsville was rated #1 best place to live by U.S. News in 2022.
  • Units feature open-concept floor plans with top-of-the-line finishes, including stainless steel appliances, standalone kitchen islands with quartz countertops, in-unit washer and dryer, oversized walk- in closets, keyless entry access and private patios or balconies.
  • The community offers world-class amenities, featuring a central clubhouse equipped with a state-of-the-art fitness center, business center, coffee bar, TV & gaming lounge, multiple outdoor lounge areas, grilling station, fire pit, fenced dog park and a pet spa. Residents can also choose to relax by the resort-style pool, equipped with a sundeck and cabanas, or the hot tub and spa.

 

Property Type

Multifamily

Structure

Delaware Statutory Trust

Capital Square
FarmHaus DST

AL

Remaining Availability

17% Remaining
Total Funds
$106,847,000
Remaining Availability
$9,300,000
Minimum Investment
see PPM
Funded To Date
$46,600,000
Est. Hold Period
10 Years
Leverage
47.68%
Equity Raise
$55,900,000
Price/SF or Price/Unit
$329,774/Unit

For More Details

 
 
 

Location Details

 
 
 

Population

See PPM

Population Growth

See PPM

About The Area

  • Huntsville was rated #1 in Alabama for population growth according to the U.S. Census Bureau and the #1 most affordable city in the U.S. according to U.S. News.
  • The property is adjacent to the Clift Farm master development, which contains a 400,000 square foot Publix, along with numerous retailers. Multiple employment hubs throughout Huntsville are easily accessible via  Route-72, including Redstone Arsenal (44k+ jobs), Cummings Research Park (27k+ jobs) and the brand- new Toyota-Mazda Plant (4k+ jobs).
  • Huntsville is projected to add nearly 50,000 new residents by 2025 and has overtaken Birmingham as Alabama’s largest city. It was rated #6 in the U.S. for Annual Job Growth according to 24/7 Wall Street.2

 

Sponsor

Since 2012, Capital Square has helped investors navigate tax-advantaged real estate offerings.

The company’s experienced, investor-centric team provides a successful foundation for investment opportunities including:

  •  Delaware statutory trusts as replacement properties for 1031 exchanges
  • Qualified opportunity zones
  • Private investment offerings

Dedicated to both cash investors and those seeking replacement properties as part of a Section 1031 exchange, Capital Square’s veteran staff knows how to leverage current market conditions to obtain resilient, stable properties.

The bulk of DST offerings consist of multifamily and healthcare assets. Capital Square also sponsors turnkey real estate investment offerings with low investment minimums. This provides investors with access to higher quality real estate.