Village at Midtown

About Village at Midtown

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 324-unit Village at Midtown apartment community located in Mobile, AL. Built in 2012, this asset is situated minutes from Downtown Mobile and 6 miles from the New Mobile International Airport that is currently in development. The Village at Midtown is ideally positioned for local and regional connectivity via I-65 (21K+ VPD) and I-10 (84K+ VPD), providing access to the region’s major economic drivers and entertainment destinations. Lagging its comparable market set by $300+ in effective rents, the next investor can execute a value-add campaign on unit interiors to bring rents in line with the market and significantly boost bottom line NOI. The Village at Midtown represents a compelling opportunity to acquire an asset exhibiting massive rent growth momentum and collections trends with additional value-add upside.