About
About Park Place
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 48-unit Park Place apartment community located in Boaz, AL. This asset is situated in a growing pocket which has experienced 10%+ population growth since 2016 and 10% increase to total employment in 2023. In addition, the property offers access to larger markets like Huntsville, Birmingham, and Chattanooga via US-431 and I-59. Built in 1990, Park Place represents an outstanding opportunity to invest in a high-quality physical asset with proven value-add potential (~$230 premiums) and a compelling rent growth story (8%+ in 12 months) in an undersupplied market.
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