MarQ Vestavia

About MarQ Vestavia

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the MarQ Vestavia, 170 units located in Vestavia Hills, AL (Birmingham MSA). Vestavia Hills features the state’s 2nd ranked school district (excluding magnet and charter schools), $150k Average Household incomes and heavily restricts new multifamily developments. This newly renovated asset arrives to market 98%+ occupied with strong organic rent growth trends featuring 6%+ rent growth YoY and a diminishing loss-to-lease trend. Originally constructed in 1973 and fully rehabbed in 2017/2018 as part of a $5.3M renovation, MarQ Vestavia represents the opportunity to acquire class A finishes in an idyllic suburban setting.