A major apartment community in south Huntsville has sold for $64 million, marking one of the area’s largest recent multifamily real estate deals, according to online reports.
Liam at Hays Farm Apartments Sold
The Liam at Hays Farm recently changed ownership in a deal valued at $64 million.
The 329-unit apartment development sits within the larger Hays Farm community in south Huntsville. In addition, the transaction represents the largest multifamily property sale in the Huntsville market since 2023.
Officials said Greystone purchased the property, while Newmark arranged the sale.
Huntsville Housing Market Continues Growing
Real estate experts say investor interest in Huntsville remains strong. Population growth, expanding employment opportunities, and relative affordability continue attracting attention from developers and buyers.
The apartment community opened in 2024 and includes upscale amenities such as a resort-style pool, fitness center, and landscaped outdoor spaces. Therefore, the property appealed to investors looking for newer developments in fast-growing markets.
Leaders involved in the deal described Huntsville as one of the Southeast’s most active growth regions for multifamily housing.
Development Located Near Redstone Arsenal
The apartment complex sits inside the larger Hays Farm development. The area includes preserved green space, trails, ponds, and residential construction.
In addition, the property sits near Grissom High School and only a few minutes from Gate 3 at Redstone Arsenal.
As Huntsville continues to expand, large real estate transactions like this highlight growing demand for housing across the region.
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