Marcus & Millichap Sells St. Andrews Villas Multifamily In Madison, AL For $21.65M

St. Andrews Villas, a 96-unit multifamily asset located at 29789 Hardiman Road in Madison, Alabama, was recently sold for $21.65 million. The property boasts a per-unit price of $225,521.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,650,000
• Units: 96
• Price Per Unit: $225,521
• Address: 29789 Hardiman Road
• Market: Madison, AL

Josh Jacobs and Royce Emerson from Marcus & Millichap played a key role in facilitating the sale of St. Andrews Villas, representing the seller Andy Keelon of Keelon Development Inc.