Located just outside the city limits of Huntsville, Albertville has a population estimated at 21,160. Originally an agricultural economy, Albertville is now home to the distribution center of several major businesses. With the economy showing signs of positive growth, more and more businesses like Newman Technology are relocating to the city because of the favorable real estate and corporate taxes. During the year, the city hosts a number of community events that range from an air show to a music festival.
Check out Albertville, AL homes for sale, and rent to own
A Thriving Local Economy! Numerous national businesses make their headquarters in the city of Albertville, including the Mueller Company, which is the largest producer of fire hydrants. Other companies based in the city that employ hundreds of local residents include Newman Technology and the Mitchell Grocery Corporation.
Home to Numerous Local Festivals! Every August, thousands of local residents and people from across the country flock to Albertville for the largest music festival in North Alabama. Held over two days, the event features numerous nationally recognized artists like the Zac Brown Band and Keith Urban, plus budding local stars. Home to a local aviation college, the city hosts an annual air show every September. Join friends and family in watching pilots conduct jaw dropping aerobatic tricks in the air.
Plenty of Things to Do! Pay tribute to the city's history with a visit to the Albertville Museum. Although the exhibits change every few months, the museum features artifacts and memorabilia dating back to the city's earliest existence in the 1800s. Enjoy a night out on the town with a delicious dinner from Sebastien's before you enjoy a decadent pastry from Albertville Home Bakery.
Rent at an All-Time Low! It has been more than 10 years since the median rent in Albertville was $650. With prices so low, now is the right time to look at a rent to own property in neighborhoods like Corbinville and Poplar Springs.
Large Number of Foreclosures! While no one wants to have their property foreclosed, another person's loss can be your gain. Albertville has a significant number of residents, 13.3%, that are behind on their mortgages. If these properties become foreclosed, it represents an opportunity to make an aggressive below market value offer. The neighborhoods of Saratoga and Martiar have the highest percentage of foreclosed properties.
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