SOLD
Arcan Capital Acquires 414-Unit Multifamily In Birmingham For $71.4M
2000 Colony Park Drive
MultiFamily
Sold 1 year ago
Summary
Sale
ALABAMA
MultiFamily
The multifamily property located at 2000 Colony Park Dr in Birmingham, AL has been sold. The transaction took place between the buyer, Arcan Capital, and the seller, Forum Investment Group. The property consists of 414 units, with a sale price of $71,400,000, resulting in a price per unit of $172,464.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $71,400,000
The deal was facilitated by Andrew Brown and Craig Hey of Cushman & Wakefield, who represented both parties in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Andrew Brown & Craig Hey
DATE: 06/06/2022
ADDRESS: 2000 Colony Park Dr
MARKET: Birmingham, AL
ASSET TYPE: Multifamily
BUYER: Arcan Capital
SELLER: Forum Investment Group
BROKERS: Andrew Brown & Craig Hey - Cushman & Wakefield
SALE PRICE: $71,400,000
UNITS: 414 ~ PPU: $172,464View on map
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Address2000 Colony Park Drive
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