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Multifamily

Westbury Apartments

3225 Avenue S, Birmingham, AL 35208

Listing Price: Request For Offer

Number of Units
102
Gross SF
91,700

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Westbury Apartments, a 102-unit multifamily community situated in the Ensley Highlands neighborhood of Birmingham, AL - just a 5-minute drive from downtown and the state of Alabama’s largest employer, the University of Alabama at Birmingham (UAB), 24,000+. Westbury is also located less than a mile from the Birmingham CrossPlex, an indoor sports arena that regularly hosts large collegiate and professional events. Around the corner is largest retail hub in the Ensley submarket, including Starbucks, CVS, and other national retailers. Westbury will arrive to market well-positioned for future ownership to enhance and expand upon the proven value-add program which is underway.

Investment Highlights

  • Best-in-Submarket asset with over $1.8M in capex spent since 2017
  • 5-minute drive from Downtown Birmingham - Alabama's largest employment center
  • Rare scale opportunity with 102 units in a Submarket dominated mostly by smaller competitors.

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
102
Gross SF
91,700

Investment Highlights

  • Best-in-Submarket asset with over $1.8M in capex spent since 2017
  • 5-minute drive from Downtown Birmingham - Alabama's largest employment center
  • Rare scale opportunity with 102 units in a Submarket dominated mostly by smaller competitors.

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Westbury Apartments, a 102-unit multifamily community situated in the Ensley Highlands neighborhood of Birmingham, AL - just a 5-minute drive from downtown and the state of Alabama’s largest employer, the University of Alabama at Birmingham (UAB), 24,000+. Westbury is also located less than a mile from the Birmingham CrossPlex, an indoor sports arena that regularly hosts large collegiate and professional events. Around the corner is largest retail hub in the Ensley submarket, including Starbucks, CVS, and other national retailers. Westbury will arrive to market well-positioned for future ownership to enhance and expand upon the proven value-add program which is underway.

Exclusively Listed By

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