Briarwood

About Briarwood

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 72-unit Briarwood apartment community located in Fort Payne, AL. This asset is situated along I-59 (19K VPD), providing access to larger markets like Chattanooga (50 miles) and Huntsville (65 miles). Fort Payne itself is a manufacturing hub for companies like Ferguson Enterprises (645K SF facility), Heil Environmental, PlayCore (400K SF facility), Siemens Energy, and more. Built in 1998, Briarwood represents an outstanding opportunity to invest in a quality-construction, proven value-add asset ($160 premiums) exhibiting massive rent growth (9% in last 6 months) in an undersupplied submarket.