Wednesday, November 4, 2015

Multi Housing Advisors Brokers Sale of Apartment Community in Tuscaloosa, AL



Heights at Skyland apartments, Tuscaloosa, AL

 
 Craig Hey
BIRMINGHAM, AL  (Nov. 4, 2015) — Multi Housing Advisors (MHA) has arranged the sale of Heights at Skyland, a 304-unit apartment community located in Tuscaloosa, Alabama.

Jimmy Adams and Craig Hey of MHA’s Birmingham office represented the seller, Merion Realty Partners, in the transaction. Castle Lanterra Properties purchased the property.

“The Tuscaloosa multifamily market is experiencing strong growth with increasing job supply and is benefiting from zoning ordinance changes,” Adams said. “The buyer has planned significant upgrades which will pave the way for rental upside.”  

Heights at Skyland is located in close proximity to McFarland Boulevard and Skyland Boulevard, two of Tuscaloosa’s major corridors.

For a complete copy of the company’s news release, please contact:

Deborah Rogers
Multi Housing Advisors
404.645.7275

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