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Investor Picks Up Apartment in Small Alabama City With a Resilient Economy

City Is Home to Aerospace, Military and Private Space Exploration Efforts
Chaney Place, an 80-unit apartment property in Huntsville, Alabama. (Cushman & Wakefield)
Chaney Place, an 80-unit apartment property in Huntsville, Alabama. (Cushman & Wakefield)
CoStar News
April 8, 2020 | 12:57 P.M.

A multifamily property in Huntsville, Alabama, traded for far above average rate in a reflection the continued demand for real estate in the Rocket City, even amid the coronavirus pandemic and subsequent market uncertainty.

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