The Park at Callington & Carlyle — Sale in Birmingham, AL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Birmingham, AL
  • Year built: 1978

Photos

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Description

JLL, as exclusive advisor, is pleased to present The Park at Callington & Carlyle, a 1,232-unit multi-housing opportunity located in Birmingham, AL (the “Properties”). The Properties feature studio, one, and two-bedroom floor plans finished with stainless steel, black, or white appliance packages, wood cabinetry, tile backsplashes, and a mix of vinyl plank and carpet flooring. A majority of the windows were replaced from 2019 - 2022. The Properties present an opportunistic investment in two well-located multifamily assets just south of downtown Birmingham, Alabama, offered at a basis substantially below replacement cost. Upside is driven by unit renovations, operational repositioning, and lease-up to market rents. Birmingham’s diversified regional economy and steady rental demand support the thesis, with residents just minutes from downtown Birmingham’s shopping, dining, entertainment, and employment base , including UAB Hospital - Highlands.

Market Context

This multifamily in Birmingham, AL is listed for sale. The building dates to 1978. Compare it against other multifamily listings for sale in Birmingham, AL — view the full market.

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