Investment Highlights

Interior Value-Add: New ownership will have the opportunity to increase rents by renovating the interiors, including:

  • Vinyl Flooring
  • Painted Cabinets
  • Granite-like Countertops
  • Black or Stainless Appliances

Management Upside: The Willows is currently 90% occupied with little marketing efforts and no property website. New ownership will have the opportunity to raise occupancy to submarket averages and increase NOI through increased marketing or creating a new property website.

Amenities Value-Add: The Willows sits on over 6 acres and has ample space for new ownership to add value to the property by adding amenities, such as a dog park, playground, grilling/pergola area, or fire pit/lounge area.

Access to Nearby Retail: The Willows is 1 mile from Decatur Mall, a 575,947 SF mall anchored by Belk, Bed Bath & Beyond, and Carmike Cinemas; Other local retail includes Walmart, Home Depot, ALDI, Publix, Lowe’s, TJ Maxx, Kroger, Academy Sports, & Hobby Lobby.

Stable Local Economy: There are 12 Fortune 500 Companies and 7 Global 500 Companies with locations in Morgan County, AL.

Proximity to Huntsville: Decatur residents benefit from being only 30 minutes from Huntsville via I-565; the growing MSA has seen more population growth since 2010 than any other MSA in the state and will likely be the largest city in the state within 3 years.

Value Relative to Huntsville: Decatur offers a value alternative to Huntsville, AL’s fast-growing MSA:

  • The cost of living in Decatur is 11.7% less than Huntsville
  • Huntsville’s 15 largest employers supply jobs to over 75,000 AL residents
  • 110,000 Huntsville jobs are filled by commuting workers

Talk to us about
The Willows

Broker Details

Get the Full Details on
The Willows

View CA

Want to know what
your property is worth?

Request Valuation