210-Unit Apartment
New
For Sale
Contact for pricing
261 3rd avenue SW, Birmingham, AL 35211
Multifamily community with renovated interiors, upgraded building systems, and refreshed exterior finishes near Birmingham’s central business district.
Property Size137,550 SF
Days on Market4
Property Features for 261 3rd avenue SW
General Information
Standard status
Active
Size
137,550 SF
Elevators
No
Property subtype
Multifamily
Occupancy
70%
Site & Location
Highway Access
No
Road Access
No
Public Transit
No
Utilities to Site
No
Additional Details
Furnished
No
Opportunity Zone
No
Sprinkler System
No
Multifamily Units
210
Amenities
3.72% Fixed Rate Loan and 6+ Years of Remaining Term
Located Just Minutes From Downtown Birmingham
Significant Value-Add Potential
Building Details
Building Size
137,550 SF
Units
210
Abandoned
No
Listing Agency:
Birmingham Office
(205) 510-9124
Listed By:
Preston Cooper · License #License(s): AL: 000104317
(205) 510-9124
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Birmingham Office
Investment Insights
Based on property information with market context.
University Crossings is a 210-unit apartment community in Birmingham, Alabama, with all unit interiors renovated over the past 5 years. Property improvements also include replacement windows, sliding glass doors, and roofing, along with new exterior paint and comprehensive landscaping work. These updates provide a substantially refreshed physical profile across both residences and common exterior areas.
The community is located within one mile of Birmingham’s Central Business District and minutes from The University of Alabama at Birmingham. Its central Birmingham position places the property near the employment and institutional destinations identified in the property information.
The community is located within one mile of Birmingham’s Central Business District and minutes from The University of Alabama at Birmingham. Its central Birmingham position places the property near the employment and institutional destinations identified in the property information.
Key Highlights
- 210‑unit apartment community in Birmingham, Alabama
- 100% of unit interiors renovated over the past 5 years
- Replacement windows, sliding glass doors, and roofs
Property Analytics
Current Use
Lease Details
210
Residential units
Location Intelligence
Trade Area within ½ mile
724
Businesses Nearby
Explore this area
Business Placement
Demographics for 35211, AL
24,775
Population
14,302
Households
1.7
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
16.6 sq mi
ZIP Area
1,492
Density / Sq Mi
$34,286
Median Household Income
$29,742
Median Earnings
$1,044
Median Rent
$94,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily community with renovated interiors, upgraded building systems, and refreshed exterior finishes near Birmingham’s central business district.
Where is this apartment building located?
The property is located at 261 3rd avenue SW Birmingham, AL.
What are key features of this property?
This property features: 210‑unit apartment community in Birmingham, Alabama; 100% of unit interiors renovated over the past 5 years; Replacement windows, sliding glass doors, and roofs
