198-Unit Apartment
1814 Bond Cir NE Center Point, AL 35215
1814 Bond Cir NE, Center Point, AL, 35215
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For Sale
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198-unit apartment community with recent exterior and selected interior updates, including ongoing renovations expected before closing.
Days on Market51
Property Features for 1814 Bond Cir NE
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Birmingham Office
(205) 510-9132
Listed by
Robert L. Escue · License #License(s): AL: 000132234 - 0
(205) 510-9132
Source
Marcusmillichap
Added: Jun 1 Updated: Jul 20 at 6:42PM Checked: Jul 21 at 2:57AM
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.
The Pointe Apartments is a 198-unit apartment community offered for sale. The asset enters the market following a significant repositioning campaign that included strategic capital injections for asset preservation, with reported work across roofs, windows, and siding replacements. In addition, select interior renovations are ongoing across approximately 30 units and are expected to be completed prior to closing.
A prior $10 million capital infusion in 2005 is also noted in the offering information. The property is located at 1814 Bond Cir NE in Center Point, Alabama, and is described as part of Birmingham’s market.
Prospective buyers should review the scope and timing of the ongoing renovation work, along with the documented capital improvements, as they relate to condition and operational execution.
A prior $10 million capital infusion in 2005 is also noted in the offering information. The property is located at 1814 Bond Cir NE in Center Point, Alabama, and is described as part of Birmingham’s market.
Prospective buyers should review the scope and timing of the ongoing renovation work, along with the documented capital improvements, as they relate to condition and operational execution.
Key Highlights
- 198‑unit apartment community in Birmingham, Alabama (The Pointe Apartments).
- $4mm repositioning campaign with capital injections including roof work.
- Repositioning updates also included window and siding replacements.
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FAQs
What type of property is this?
Apartment building - 198-unit apartment community with recent exterior and selected interior updates, including ongoing renovations expected before closing.
Where is this apartment building located?
The property is located at 1814 Bond Cir NE Center Point, AL.
What are key features of this property?
This property features: 198‑unit apartment community in Birmingham, Alabama (The Pointe Apartments).; $4mm repositioning campaign with capital injections including roof work.; Repositioning updates also included window and siding replacements.
