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McClellan loft deal

Offering Summary

Discover the rare opportunity to own **15+ acres** in the heart of **Historic Fort McClellan**, strategically located in an **Opportunity Zone**. This unique property offers **10 historic buildings** (All registered on the National Registry of Historic Places qualifying for State and Federal Historic Tax Credits.) with over **102,000 square feet of space**, accompanied by **comprehensive development plans** for Phase one and phase two of the highly anticipated **McClellan Industrial Lofts Apartment Community**. This historic tax credit project will include:


Property Highlights:

-Size: 15+ acres for redevelopment.

-Structures: 10 historic buildings (All buildings are on the National Registry of Historic Places qualifying for State and Federal Historic Tax Credits.


Phase One construction documents and property:

-7.79 acres, 8 buildings redeveloped into 79 upscale apartments.

-Unit Mix: 50 one-bedroom units, 29 two-bedroom units.

-Features:Oversized windows, 10’–25’ ceiling heights,

-modern kitchens and baths, open floor plans, and unique industrial designs.

Phase II construction documents and property:

-Additional 81 units on the remaining acreage.

-Unit Mix: 49 one-bedroom units, 32 two-bedroom units.

Expansion Potential: Additional pad sites for 74 more units, bringing the total to 180 units across both phases.


Historic Tax Credits:

-$4.15M(State)

-$3.32M (Federal):

-Total approved:***$7.47M***

Construction Documents: 85% complete

-Environmental approvals in place.

HUD 221(d)(4) Loan: Invitation received;

-development loan closure within 6 months.

Demolition: 90% completed Site and Buildings

cleaned.


UNMATCHED LOCATION BENEFITS:

MCCLELLAN IS MORE THAN A DEVELOPMENT; IT’S A LIFESTYLE HUB:

  • Amenities: 18-hole golf course, aquatic center, sports fields, 35-mile mountain bike course, and more.
  • Education & Training: Proximity to state and federal law enforcement training centers and the National Guard.
  • Recreation: Nestled near city parks, a 900-acre horse park, and the National Forest—ideal for outdoor enthusiasts.


Lifestyle and Amenities:

-Community Features:

- Clubhouse (South Beach), fitness center, pickleball courts.

- Dog wash station, fenced dog park, and indoor bike storage.

- Grilling stations, car wash, bike wash rack, and walkable neighborhood design.

- **Recreational Perks:**

- Country club lifestyle with nearby McClellan amenities.

- Easy access to local parks, trails, and open green spaces.


Market Opportunity:

The McClellan Industrial Lofts will be the first market-rate apartment development in Calhoun County in over 20 years, catering to the growing demand for upscale living spaces in a **pedestrian-friendly, park-like setting**. Designed for professionals seeking a vibrant yet serene lifestyle, this project combines modern living with historic charm.


Seize the chance to invest in Fort McClellan's future—contact us today to learn more about this exceptional opportunity!

Property Highlights

PRICE:                                                  Call 

LOCATION:                     Anniston, Alabama

LAND AREA:                                 15+ Acres

OPPORTUNITY ZONE:                         YES

HISTORIC TAX CREDITS:                       YES


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Let’s Achieve Your Real Estate Goals Together

At Akin Realty Ventures, your success is our priority. Whether you’re exploring your property’s potential, planning a development, or looking for expert advice, we’re here to help every step of the way. Our team is dedicated to understanding your unique needs and providing tailored solutions to bring your vision to life. Get in touch by phone, email, or our online form – we’re ready to partner with you to achieve your real estate goals. Contact us today and let’s make your vision a reality!

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