Multifamily
Thirty-One 32 Cypress
3132 Carousel Ct, Hoover, AL 35216
Listing Price: Request For Offer
Investment Overview
The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Thirty-One 32 Cypress, a lender-owned 150-unit multifamily community located in the highly sought-after Hoover submarket of Birmingham, Alabama. Thirty-One 32 Cypress will arrive to market fully stabilized and with considerable opportunity to create further top line growth via continued programmatic interior renovations, presenting investors with a unique opportunity to acquire day one yield and critical scale in one of Birmingham’s top submarkets.
Thirty-One 32 Cypress
Investment Highlights
- Hoover, a thriving suburb of Birmingham, AL, boasts median household incomes of $100,000+ and average home values north of $425,000, which has resulted in historic rental demand across the submarket.
- Hoover City Schools stand out as a top performer, earning an "A" grade with a record-high score of 95 on the 2025 Alabama State Report Card for the second consecutive year
- The city's economy is driven primarily by finance, healthcare, education, and retail sectors, with over 50 major employers.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Hoover, a thriving suburb of Birmingham, AL, boasts median household incomes of $100,000+ and average home values north of $425,000, which has resulted in historic rental demand across the submarket.
- Hoover City Schools stand out as a top performer, earning an "A" grade with a record-high score of 95 on the 2025 Alabama State Report Card for the second consecutive year
- The city's economy is driven primarily by finance, healthcare, education, and retail sectors, with over 50 major employers.
Investment Overview
The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Thirty-One 32 Cypress, a lender-owned 150-unit multifamily community located in the highly sought-after Hoover submarket of Birmingham, Alabama. Thirty-One 32 Cypress will arrive to market fully stabilized and with considerable opportunity to create further top line growth via continued programmatic interior renovations, presenting investors with a unique opportunity to acquire day one yield and critical scale in one of Birmingham’s top submarkets.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
