The Opportunity

Berkadia is pleased to present The Lofts at Dallas Mill, a 148-unit Class A property under construction and slated for completion in January 2023. ​ Located on the edge of downtown near the prominent crossroads of Interstate 565, Oakwood Avenue, Meridian Street and Andrew Jackson Way, this property offers exceptional connectivity to downtown Huntsville, the historic and fun Five Points area and the exciting Lincoln Mill area. ​ Tremendous public and private capital investment and infrastructure has been poured into this area in recent years due to its strategic “in-fill” location earmarked by the City of Huntsville as the northward expansion area for downtown. ​ ​

The property offers a unique location at the on/off ramps for Interstate 565 and Oakwood Avenue allowing exceptionally short drive times to Huntsville’s largest employment centers and most significant recreation areas.

• only 7-9 minutes to both Redstone Arsenal and Cummings Research Park
• only 4 minutes to Whole Foods
• 4-5 minutes to Chapman Mountain Preserve and Monte Sano

The property is designed to attract multifamily residents seeking to be close to downtown, but just outside of downtown where the rents will be more attractive than the core downtown properties. ​ The amenity package is geared to renters seeking an active lifestyle with modern features expected in today’s better apartment properties. ​ The adjacency to the neighborhood’s largest office and entertainment complex, the 220,000 square foot repurposed Lincoln Mill complex is also a major draw for the property. ​ Continued transformation in this desirable area is likely to accelerate.