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Multifamily Portfolio in Center Point
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856 Parkbrook Trl, Center Point, AL 35215

264 multifamily units in Center Point, Alabama.

Property Size156,000 SF
Days on Market149

Property Features for 856 Parkbrook Trl

General Information

Standard status Active
Size 156,000 SF
Property subtype Multifamily

Amenities

The Landings Portfolio, a two property, 264 total unit multifamily portfolio located in Birmingham, Alabama
Convenient commute: Minutes from I-65, downtown Birmingham, and employment hubs.
Location advantage: Easy access to Birmingham job centers, shopping, and highways, attracting long-term tenants.

Building Details

Building Size 156,000 SF
Units 264
Listing Agency: Birmingham Office
Listed By: Lloyd Escue · License #License(s): AL: 000132234 - 0
Source: Marcusmillichap
Added: Apr 4 Changed: Aug 23 Last Checked: Aug 29 at 6:02AM

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 Landings Portfolio presents an opportunity to acquire 264 multifamily units located in the Center Point submarket. The portfolio consists of Clay Landings, which includes 124 units, and Center Pointe Landings, which includes 140 units. Both properties feature garden-style layouts. The unit mix includes one-, two-, and three-bedroom apartments. The properties appeal to a wide range of renters, including families, young professionals, and long-term tenants.

Key Highlights

  • Large portfolio of 264 multifamily units.
  • Located in the Center Point submarket.
  • Mix of one-, two-, and three‑bedroom units to appeal to a wide renter base.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby

Demographics for 35215, AL

46,772
Population
19,718
Households
2.4
Avg Household Size
34
Median Age
18%
College-Educated
88%
High-School Grad
28.3 sq mi
ZIP Area
1,653
Density / Sq Mi
$51,854
Median Household Income
$32,323
Median Earnings
$1,080
Median Rent
$146,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 264 multifamily units in Center Point, Alabama.
Where is this apartment building located?
The property is located at 856 Parkbrook Trl Center Point, AL.
What are key features of this property?
This property features: Large portfolio of 264 multifamily units.; Located in the Center Point submarket.; Mix of one-, two-, and three‑bedroom units to appeal to a wide renter base.
More about this property
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