U.S. Coast Guard Acquires Former Birmingham-Southern College Campus For $126.5M
900 Arkadelphia Road
$126,500,000
Building Size
—
Asset Type
School
Closing
Apr 30, 2026
About this deal
AI
The property asset involved in this transaction is a school located at 900 Arkadelphia Road in Birmingham, AL, encompassing 192 acres. This asset was acquired by the U.S. Coast Guard for a total transaction value of $126,500,000 on April 30, 2026.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $126,500,000
- Buyer: U.S. Coast Guard
- Seller: Birmingham-Southern College
- Brokers: Hugo Isom & Clint Isom - JLL
- Acres: 192
The deal involved the U.S. Coast Guard acquiring the former Birmingham-Southern College campus, with the proceeds anticipated to support the rebuilding of BSC’s endowment, pending a court-approved long-term plan.
Players
Birmingham School Market Snapshot
Boundary boundary · School · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93