BERKSHIRE ARMS 104 Units | Mobile, AL | LIHTC Asset in Qualified Contract Period OFFERING TERMS Property is offered on an all-cash basis. TABLE OF CONTENTS DATA ACCESS Investment Summary . 01 Historical Financial and Property information is available at: multifamily.cushwake.com Property Description..............09 OFFERING PROCESS Location Overview...............11 Send offers via email to: Apartment Market . 17 JIMMY ADAMS
[email protected] Financial Analysis..........25 Offers should be in the form of a Letter of Intent (LOI) and at minimum include: Price, Earnest Money, Due Diligence Time Period, and Closing Period. QUALIFIED CONTRACT PRICE $3,688,377 CONTACT US GULF STATES TEAM JIMMY ADAMS EXECUTIVE VICE CHAIR +1 205 518 9281
[email protected] CRAIG HEY MANAGING DIRECTOR +1 205 518 9283
[email protected] ANDREW BROWN DIRECTOR +1 205 518 9282
[email protected] PARKER CALDWELL ASSOCIATE +1 205 518 9285
[email protected] 2000 SOUTHBRIDGE PARKWAY SUITE 410, BIRMINGHAM, AL 35209 PHONE: +1 205 518 9280 FAX: +1 205 383 2660 multifamily.cushwake.com BERKSHIRE ARMS INVESTMENT 104 SUMMARY UNITS 1955 YEAR BUILT 1060 AVG UNIT SF 110,240 RENTABLE SF 85.6% 11 OCCUPANCY ACRES $0.68 $716 AVG MKT RENT/SF AVG MKT RENT Mobile, AL 4021 SEABREEZE RD N, 36609 1 INVESTMENT SUMMARY BERKSHIRE ARMS OFFERING HIGHLIGHTS The Cushman & Wakefield Southeast Multifamily Advisory AFFLUENT MIDTOWN LOCATION Group is pleased to present the OM for the 104-unit Berkshire Situated in the heart of Mobile’s rapidly expanding Arms apartment community located in Mobile, AL. This asset Midtown, a retail/employment core, Berkshire Arms sits within a well-performing multifamily submarket, which 1 offers quick access to Downtown and The Port of has demonstrated excellent rent and occupancy trends over the Mobile.