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Berkshire Arms

Posted: 1/11/2022
100 Units
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Berkshire Arms

About

About Berkshire Arms

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the OM for the 100-unit Berkshire Arms apartment community located in Mobile, AL. This asset sits within a well-performing multifamily submarket, which has demonstrated excellent rent and occupancy trends over the past 5 years. Located just one mile south of Airport Blvd and two miles west of the I-65 interchange, residents experience convenient access to all of Mobile’s employment opportunities, retail amenities, and leisure activities. Berkshire Arms offers an outstanding opportunity to invest in an LIHTC asset that is eligible for conventional conversion, offered at an extremely attractive basis with ample rent upside.