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| Oaks at Springville apartments, Birmingham, AL |
BIRMINGHAM, Ala. --- Hendricks-Berkadia, one of the nation’s
largest and most active multifamily investment banking and research companies,
recently negotiated the sale of Oaks at Springville Apartments, a
232-unit apartment community located in Birmingham, for $5.1 million.
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| David Oakley |
David Etchison, senior associate and David Oakley,
senior vice president of Hendricks-Berkadia Alabama office negotiated the sale
representing the seller, Outland Investments, LLC, an Alabama limited liability
company, based in Birmingham.
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| David Etchison |
Oaks at Springville, constructed in 1973, has a total of
203,230 square feet of rentable living space with one- and two-bedroom
apartments.
The buyer was The Oaks HLD, LLC, based in San Diego, Calif.
For a complete
copy of the company’s news release, please contact:
Larry Vershel or Beth Payan, Larry Vershel Communications
407-644-4142 lvershelco@aol.com.
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