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Multifamily

The View

403 3rd St NE, Alabaster, AL 35007

Listing Price: Request For Offer

Number of Units
89
Gross SF
82,778

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire The View Apartments, an 89-unit multifamily community located in Birmingham, Alabama. Located in Shelby County’s Alabaster submarket, the View Apartments will arrive to market fully stabilized and having experienced considerable capital infusion in recent years, allowing the next investor to inherit day one cash flow in one of Shelby County’s most desirable suburban locations. The property has undergone significant interior and exterior upgrades which have modernized the community both inside and out, with updated finishes, strong operational performance, and immediate cash-flow potential.

Investment Highlights

  • Features a mix of one-, two-, and three-bedroom apartment homes w contemporary finishes including stainless steel appliances, granite countertops, luxury LVP flooring, designer lighting, a ceiling fan
  • Community amenities include a refreshed swimming pool with sundeck, covered grilling area, fitness center, fenced dog park, and expansive ridge-top views of the Appalachian foothills
  • Shelby County has remained Alabama's fastest-growing county for more than two decades, driven by consistent positive net in-migration, exceptional quality of life, and robust job creation.

Exclusively Listed By

Multifamily

The View

Listing Price: Request For Offer

Number of Units
89
Gross SF
82,778

Investment Highlights

  • Features a mix of one-, two-, and three-bedroom apartment homes w contemporary finishes including stainless steel appliances, granite countertops, luxury LVP flooring, designer lighting, a ceiling fan
  • Community amenities include a refreshed swimming pool with sundeck, covered grilling area, fitness center, fenced dog park, and expansive ridge-top views of the Appalachian foothills
  • Shelby County has remained Alabama's fastest-growing county for more than two decades, driven by consistent positive net in-migration, exceptional quality of life, and robust job creation.

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire The View Apartments, an 89-unit multifamily community located in Birmingham, Alabama. Located in Shelby County’s Alabaster submarket, the View Apartments will arrive to market fully stabilized and having experienced considerable capital infusion in recent years, allowing the next investor to inherit day one cash flow in one of Shelby County’s most desirable suburban locations. The property has undergone significant interior and exterior upgrades which have modernized the community both inside and out, with updated finishes, strong operational performance, and immediate cash-flow potential.

Exclusively Listed By

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