Willow Terrace Apartments LLC Sells 128-unit Multifamily Community In Troy AL For $7.5M

This transaction involves the sale of a multifamily asset consisting of a 128-unit apartment community located at 416 Jane Road in Troy, AL. The property spans 6.5 acres and features one- to three-bedroom units, a pool, a fitness center, and onsite management. The sale price was $7,500,000, resulting in a price per unit of $58,594.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Units: 128
• Price per Unit: $58,594
• Address: 416 Jane Road
• Market: Troy, AL
• Seller: Willow Terrace Apartments LLC
• Broker: Josh Jacobs - Marcus & Millichap
• Acres: 6.5

The brokerage firm involved in this transaction was Marcus & Millichap, represented by Josh Jacobs. The property transaction was finalized on November 17, 2025, marking a significant deal in the Troy market.