Marcus & Millichap Sells Multifamily Property In Birmingham, AL For $46.4M

The multifamily property located at 600 Earline Cir & 544 Gadsden Hwy in Birmingham, AL has been sold. The transaction took place on August 24, 2022, for a total sale price of $46,400,000. The property consists of 520 units, resulting in a price per unit of $89,231.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $46,400,000
• Units: 520
• Price per Unit: $89,231

The sale was facilitated by Marcus & Millichap, a reputable brokerage agency. Their representative played a crucial role in negotiating and finalizing the transaction.