The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the Mobile5 Portfolio, 2,013 total units located in the A+ Midtown submarket of Mobile, Alabama. Midtown has become an infill submarket over the past decade, boasting high-end grocery, the metro’s top household incomes, The Country Club of Mobile, and over 12M SF of quality retail options. Mobile itself is attracting a wealth of job growth with 4,000 jobs expected to deliver in 2018/2019 via Walmart, Airbus, Amazon, and Continental Motors expansions. Built between 1951-1982, Mobile5 has received approximately $60M in capital improvements since 2000, which will allow the next investor to focus any future additional capital on value add renovations.
Mobile5 Portfolio (5 properties, 2,013 units)