About 4700 Colonnade
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of 4700 Colonnade, a 215-unit Class A community located in Birmingham, AL. The property is set along the highly desirable US-280 Corridor, one of the metro’s wealthiest corridors which boasts over 18M SF of retail and office space. The asset boasts top of the market finishes & amenities in addition to superb accessibility via the US-280 and I-459 exchange. Nearby employment opportunities and lifestyle amenities will continue to attract high-income residents to the submarket, thus driving superb rent growth at 4700 Colonnade. 4700 Colonnade arrives to market boasting 95% occ. with leasing momentum being equally superb as latest leases trend $120 above the in-place rent roll avg. Further NOI growth can be garnered by new ownership through implementing a value-add “Smart Home” package. 4700 Colonnade offers new ownership the opportunity to invest in a premier Class A asset that boasts excellent in-place performance, premier submarket demographics, targeted value-add potential and high visibility in a fast-developing location.