Heron Lakes

Posted: 3/12/2019
52 Units
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Heron Lakes
Under LOI
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Heron Lakes
Under LOI
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Heron Lakes
Under LOI
Slideshow Image
Heron Lakes
Under LOI
Slideshow Image
Heron Lakes
Under LOI
Slideshow Image
Heron Lakes
Under LOI
Slideshow Image
Heron Lakes
Under LOI
Slideshow Image
Heron Lakes
Under LOI
Slideshow Image
Heron Lakes

About

About Heron Lakes

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 52-unit Heron Lakes apartment community located in Mobile, Alabama. This asset is desirably positioned just off Government Blvd and within the Heron Lakes Country Club neighborhood (85k HH incomes, $300-$700k home values), which provides the community with a highly affluent renter pool. Heron Lakes also sits minutes from the area’s top employers (Mobile Aeroplex, Downtown) and 12M+ square feet of quality retail space (Shoppes at Bel Air, McGowin Park, etc). Built in 1972 and renovated in the mid-2000’s, Heron Lakes offers the investor a well-maintained property with strong in-place cash flow and substantial further value add upside.

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