Updated May 4, 2026
Greystone Acquires The Liam At Hays Farm Multifamily Community For $64 Million In Huntsville
401 Haysland Road Southwest
$64,000,000
Units
329
Asset Type
MultiFamily
Closing
May 4, 2026
About this deal
AI
The Liam at Hays Farm is a Class A multifamily apartment community located at 401 Haysland Road Southwest in Huntsville, Alabama. The property features 329 units and was sold for $64 million, resulting in a price per unit of $194,529. This transaction marks a significant event in the market as it is the largest multifamily deal since 2023.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $64,000,000
- Units: 329
- Price Per Unit: $194,529
- Seller: Bomasada Group, Inc & The Wolff Company
- Brokerage: Sarah Nee & Justin Uffinger - Newmark
- Sale Date: 05/04/2026
- Market: Huntsville, AL
The sale was executed by Newmark, which arranged the transaction. The new owner of the asset is Greystone, who has acquired this property, which was built in 2024, enhancing the multifamily sector's dynamics in the local market.
Players
Huntsville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93