The Willows apartments Birmingham, AL |
BIRMINGHAM, AL --- Hendricks & Partners, one of the
nation’s largest and most active multifamily investment banking and research companies
recently renamed to Hendricks-Berkadia, negotiated the sale of The
Willows, a 170-unit apartment community located in Birmingham, for $5.2
million.
David Oakley, senior investment advisor of the
Hendricks-Berkadia Alabama office negotiated the sale representing the seller,
Willows Partners, LLC, an Alabama limited liability company, based in
Birmingham.
David Oakley |
The Willows, constructed in 1973 and renovated in 2011, has
a total of 133,600 square feet of rentable living space with studio, one, two
and three-bedroom apartments.
The buyer was Willow United LLC, a Delaware limited
liability company, based out of Florida.
For more information, contact:
David Oakley, Senior Investment Advisor,
Hendricks-Berkadia/Alabama, 205.918.0785, doakley@hpapts.com.
Larry Vershel or Beth Payan, Larry Vershel Communications
407-644-4142 lvershelco@aol.com.
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