Crestwood Green at 701

About Crestwood Green at 701

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The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Crestwood Green at 701, a 270-unit apartment community located in Birmingham, AL. Situated in the North Crestwood submarket just east of Downtown Birmingham, the property offers immediate access to major employment centers, strong retail corridors, and regional connectivity via I-20 (58K VPD). Crestwood Green at 701 offers attractive assumable debt at a fixed 3.87% interest rate, with loan maturity in November 2029, providing investors with in-place, below-market financing and enhanced cash flow stability. Operational performance has remained strong, with steady rent growth and collections increasing approximately 10% year over year (2025 vs. 2024). Built in 1981, the asset presents an opportunity to acquire a well-located, heavily capitalized ($3.3MM in CapEx) cash-flowing community with durable in-place performance and long-term value upside.