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| David Oakley |
BIRMINGHAM, AL --- Berkadia,
one of the nation’s largest and most active multifamily investment banking and
research companies, recently negotiated the sale of Autumn Brook, a
60-unit apartment community located in Hueytown, Ala. for $2,650,000.
David Oakley, Partner,
William Parkhurst, Associate, and Josh Jacobs, Associate, in Berkadia’s
Alabama office, negotiated the sale, representing the seller, Autumn Brooke
Apartments, LLC.
Built in 1993, Autumn Brook is
a garden-style, two-story community situated on approximately 2.79 acres of
land with a density of 21.5 units per acre and an average unit size of 1,073
square feet.
The buyer was Autumn Brook
Partners LLC, based in Birmingham.
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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