Property Description

Located in Madison, Alabama, the Property is a 315-unit garden-style multifamily apartment complex with modern amenities and finishes. The Property was built in 2021, and it includes four 4-story residential buildings situated on 11.75 acres. The unit mix includes 144 one-bedroom units, 139 two-bedroom units and 32 three-bedroom units. Property amenities include a luxurious clubhouse with relaxing lounge, cyber cafe with coffee station, resort-style salt water swimming pool, roof deck lounge and patio, 24-hour fitness center with wellness studio, poolside lounging cabana, fire pit, grilling area, concierge lockers and more.

Property Type

Multifamily

Structure

Delaware Statutory Trust

CX Station at
Clift Farm DST

AL

Remaining Availability

82% Remaining

Total Funds
$112,442,166
Remaining Availability
$56,637,466
Minimum Investment
$100K
Funded To Date
$12,786,700
Est. Hold Period
10 years
Leverage
38.26%
Equity Raise
$69,424,166
Price/SF or Price/Unit
$356,959/Unit

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Location Details

 
 
 

Population

502,728

Population Growth

22.6%

About The Area

Madison, Alabama is one of the best places to live in America. Madison’s economy has been strengthened by Huntsville’s own tech boom. Madison boasts a median income of $93,090, 35.5% higher than the national average. Commutes to major employers, downtown Huntsville, and the international airport are short, averaging just 20 minutes. According to Niche Magazine, Madison, Alabama is in the top percentile of “Places with the Best Public Schools in America.” With a population of 56,933, Madison maintains its small-town, southern charm.

 

Sponsor

Carter Exchange is a Carter Funds company backed by a team of experts with decades of real estate investment experience and established relationships in both the broker-dealer and real estate brokerage communities.

Our investment strategies center around high-growth industries, risk-adjusted returns, a commitment to excellence, and transparent communication.

The Carter Funds leadership team has completed over $23 billion in commercial real estate transaction volume and stands ready to provide seamless end-to-end solutions including site selection, acquisition and management services.