Terrace Court

About Terrace Court

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Terrace Court, a 40-unit multifamily asset with 7,723 SF of retail space located in Birmingham, Alabama. Strategically positioned in the highly desirable Five Points South District—widely recognized as Birmingham’s culinary hub—Terrace Court benefits from proximity to numerous award-winning restaurants and an array of urban amenities. The property offers exceptional connectivity, located just 0.4 miles from U.S. Highway 280 (78K VPD) and within walking distance to Five Points South, Regions Field, Railroad Park, and the University of Alabama at Birmingham (UAB)—the city’s largest employer with a $12.1 billion economic impact. It is also ideally situated 1.5 miles from Birmingham’s Central Business District, positioning the asset near the city’s primary employment center. Originally constructed in 1908 and comprehensively renovated in 2012, Terrace Court represents a unique opportunity to acquire a historic landmark asset with favorable tax treatment (10% assessment ratio versus the standard 20%) and additional upside potential in a dynamic and evolving submarket of Birmingham.