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4141 Pinson Valley Parkway

Updated Jul 9, 2025

Emerald City Associates Acquires Village Square Landings Multifamily In Birmingham For $13.4M
SOLDMultiFamily

Emerald City Associates Acquires Village Square Landings Multifamily In Birmingham For $13.4M

4141 Pinson Valley Parkway

$13,400,000

Units

250

Asset Type

MultiFamily

Closing

Jul 2, 2025

About this deal

AI

The property asset involved in the transaction is a multifamily unit located at 4141 Pinson Valley Parkway in Birmingham, AL. The sale price was $13,400,000 for a total of 250 units, resulting in a price per unit of $53,600. The property, previously known as Village Square Landings, is set for quick renovations after being acquired by the buyer.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $13,400,000
  • Address: 4141 Pinson Valley Parkway
  • Market: Birmingham, AL
  • Units: 250
  • Price Per Unit: $53,600
  • Buyer: Emerald City Associates
  • Seller: Mark A. Smith - Vantage Point Advisory
  • Broker Representatives: Josh Jacobs, Royce Emerson & Lloyd Escue - Marcus & Millichap

Emerald City Associates, the buyer in this transaction, has plans to rebrand the acquired property as The Woodford and initiate renovations on vacant units to improve its condition. Mark A. Smith from Vantage Point Advisory represented the seller in this deal.

On the Map

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$13,400,000

MultiFamily

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Players

Royce Emerson

Marcus & Millichap

Broker

$49.9M

vol

4 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage
Emerald City Associates
Emerald City AssociatesBuyer

Birmingham MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $53.6K per unit across 250 units on a published $13.4M (2025).

Visit Royce Emerson to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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