Midsouth Franklin TN in partnership with Holladay Ventures completes $3M sale of 22 acres for multi-family in Hampton Cove, AL to Daniel Corporation of Birmingham, AL.
HAMPTON COVE, AL March 12, 2021 / MidSouth Franklin TN LLC & Holladay Ventures - MidSouth Franklin announced today the successful closing with Daniel Corporation of Birmminham, AL of 22 acres of multi-family land in the Hampton Cove/Huntsville, AL located adjacent to the beautiful J.D. & Annie S. Hays Preserve Nature Trails located just 10 miles south of Huntsville. Boasting 10 miles of trails and greenways passing through lovely forestland, sections along the Flint River, small lakes, field, and a golf course.
The projected development is a 336 unit, four story, 7 building, premium rental community located along Highway 431 in Hampton Cove. The apartment community's amenities and unit finished will establish a new benchmark for quality and luxury in Southeast Huntsville's rental market.
Construction is to begin April 2021 with the first units expected in Spring of 2022.
About MidSouth Franklin TN: MidSouth Franklin TN is a dynamic land development company committed to bringing landowners and developers together to create legacy, purpose and maximized value. Our passion is creating vibrant communities that stand the test of time. Land. People. Community. Together for better tomorrows.
About Daniel Corporation: A leading player in the Sunbelt Region's real estate development, management, and investment sector. Their impressive portfolio includes 10.9 million square feet in office and retail spaces, a staggering 12,000 multifamily and urban residential units, 1,300 hotel rooms, and an expansive 19,400 senior living residencies, all strategically positioned on 26,000 acres of land.