Investment Overview

Marcus & Millichap is pleased to offer for sale Delacroix Apartments located at 1171 16th Ave South in Birmingham, Alabama. The property is located just two blocks from UAB Highlands Hospital and four blocks from the University of Alabama at Birmingham (UAB) campus. This offers tenants exceptional walkability to key employment and education centers. Each unit features separately metered utilities, allowing residents to pay for their own usage and reducing landlord operating expenses. Two-bedroom units include in-unit washer and dryer appliances, while one-bedroom tenants are served by a coin-operated laundry facility. Additional value is delivered through off-street parking, a rare amenity in Birmingham’s Southside neighborhood. The Southside neighborhood is one of the most coveted and high-demand rental corridors in the city. It provides tenants with immediate access to restaurants, cafés, boutique retail shops, and the vibrant social scene of Birmingham. The property's close proximity to Alabama's largest economic driver, UAB creates a solid foundation for long-term rental demand, tenant stability, and property appreciation. UAB is the state’s largest employer, with over 28,000 employees and 22,000 enrolled students, including a consistent influx of medical professionals, researchers, graduate students, and visiting faculty. The convenience of walking to both the hospital and the campus is a rare and highly desirable feature, giving this property a significant competitive edge over rentals that are even slightly further away.