Chasewood Apartments

3602 Chasewood Dr SW, Huntsville, AL 35805

Property Information

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 26,770 SF
  • Units 40
  • Lot Size 0.23 Acre
  • Year Built 1983
  • Date Updated Oct 21, 2026

Description

Located in Southwest Huntsville, Chasewood Apartments offers residents convenient access to the region’s premier employment centers, retail destinations, and major transportation corridors. Huntsville ("Rocket City") is Alabama’s most populous city and a major national epicenter for aerospace, defense, and high-tech research. Major Defense & Tech Employers: Redstone Arsenal: Located just minutes away, supporting a workforce of over 45,000 personnel with an ongoing $2B capital expenditure pipeline. Cummings Research Park & NASA: Quick access to the 2nd-largest research park in the U.S. and NASA's Marshall Space Flight Center (7,000 employees). Corporate Expansion: Surrounding aerospace and tech primes include Boeing (3,300 jobs), SAIC (2,500 jobs), Dynetics (1,900 jobs), the expanding FBI campus (2,300+ jobs), and the $2.3B Mazda Toyota Manufacturing facility (4,000 jobs). Retail & Lifestyle Amenities: Shopping Centers: Minutes from major retail hubs including Parkway Place Mall (anchored by Dillard's and Belk) and The Shops at Merchants Walk (Whole Foods, Ulta). Entertainment & Dining: Short drive to Downtown Huntsville, Big Spring Park, and premier regional entertainment venues like the Orion Amphitheater and the U.S. Space & Rocket Center.Chasewood Apartments presents investors with the opportunity to acquire a well-located, 40-unit asset in Huntsville, Alabama, with clear value-add upside through stabilizing occupancy, expanding ancillary income streams, and implementing consistent organic rent growth.

Highlights

  • 26,770 square feet of building area
  • Appealing long-term hold asset
  • Commercial multifamily ownership opportunity
  • Constructed in 1983
  • Established residential asset
  • Flexible investment profile
  • Multifamily investment opportunity
  • Potential for operational efficiencies
  • Strong scale for income generation
  • Suitable for value-add positioning

Contacts

Location

Located at 3602 Chasewood Dr SW, Huntsville, AL 35805, this property is part of the Woodway Pines neighborhood and Huntsville market.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.