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Multifamily

Highland Cliffs

3401 Cliff Rd, Birmingham, AL 35205

Listing Price: Request For Offer

Number of Units
14
Gross SF
8,400

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Highland Cliffs - a 14-unit apartment community in the heart of Birmingham’s historical Highland Park neighborhood. This asset is located next to the Highland Park Golf Course and just minutes from downtown and the Lakeview and Avondale entertainment districts. As the state’s largest employment center, downtown Birmingham is home to UAB, Regions Bank, Shipt, Children’s Hospital, and many more. Additionally, the Lakeview and Avondale entertainment districts are popular destinations, offering a variety of restaurants, bars, and breweries. Highland Cliffs provides residents with convenient, urban living and unique, historic charm.

Investment Highlights

  • Located in the heart of Birmingham's Historic Highland Park Neighborhood
  • Received significant capital improvements in the past 18 months resulting in significant rent increases
  • Trending over a 6% Cap on in-place numbers, with notable value-add & organic upside still available

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
14
Gross SF
8,400

Investment Highlights

  • Located in the heart of Birmingham's Historic Highland Park Neighborhood
  • Received significant capital improvements in the past 18 months resulting in significant rent increases
  • Trending over a 6% Cap on in-place numbers, with notable value-add & organic upside still available

Investment Overview

The Gulf States office of Marcus & Millichap is pleased to present the exclusive opportunity to acquire Highland Cliffs - a 14-unit apartment community in the heart of Birmingham’s historical Highland Park neighborhood. This asset is located next to the Highland Park Golf Course and just minutes from downtown and the Lakeview and Avondale entertainment districts. As the state’s largest employment center, downtown Birmingham is home to UAB, Regions Bank, Shipt, Children’s Hospital, and many more. Additionally, the Lakeview and Avondale entertainment districts are popular destinations, offering a variety of restaurants, bars, and breweries. Highland Cliffs provides residents with convenient, urban living and unique, historic charm.

Exclusively Listed By

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