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900 Arkadelphia Road

U.S. Coast Guard Acquires Former Birmingham-Southern College Campus For $126.5M
SOLDSchool

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

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

Hugo Isom

JLL

Broker

$126.5M

vol

1 deal

Broker
UG
U.S. Coast GuardBuyer
BC
Birmingham-Southern CollegeSeller

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