Kushner Cos. Acquires Multifamily Property In Hoover, AL For $67.1M

The multifamily property located at 200 River Haven Cir in Hoover, AL has been sold in a closed transaction. The property consists of 468 units and was sold for a total price of $67,100,000. This equates to an average price per unit of $143,376.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $67,100,000
• Address: 200 River Haven Cir, Hoover, AL
• Market: Hoover, AL
• Seller: ApexOne Investment Partners - Jim Hearn, Tim Burns & Ernest Johnson
• Buyer: Kushner Cos.
• Brokers: Jimmy Adams, Craig Hey & Andrew Brown - Cushman & Wakefield

The deal was facilitated by brokers Jimmy Adams, Craig Hey, and Andrew Brown from Cushman & Wakefield. The sellers, ApexOne Investment Partners, were represented by Jim Hearn, Tim Burns, and Ernest Johnson. Kushner Cos. acquired the property in this transaction.