Thirty-One 32 Cypress

About Thirty-One 32 Cypress

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 150-unit, Thirty-One 32 Cypress apartment community located in highly sought-after Hoover, AL submarket (Birmingham MSA). Situated in this attractive, high growth submarket (24% rent growth since 2020), the asset offers residents convenient access to employment centers, premium retail venues and state recognized schools (#5 in AL). The asset’s interior, exterior, HVACs, and community amenity areas have been heavily capitalized – eliminating many of the day-1 needs for new ownership and creating significant realizable upside for the next investor. Built in 1972, Thirty-One 32 Cypress offers an outstanding opportunity to invest in a ultra-high barriers to entry market, at an exceptional basis, with attractive financing options available.