The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Retreat at Greystone, a 312-unit, 2014 built asset, located in Birmingham’s premier suburban submarket of Greystone. Retreat at Greystone is an institutional quality asset boasting large floor plans, home style design, and luscious green-space amenities, positioning itself as the premier asset within the Greystone neighborhood. The Greystone neighborhood ($520K avg home value) presents an excellent rental demographic ($140K avg HHI), located just minutes away from top metro destinations. Located off US HWY 280 (59K VPD), at the intersection with HWY 119, the Retreat at Greystone offers tenants a premier location, adjacent to the newly delivered Tattersall Park mixed-use development, as well as 2M SF+ of retail within 2 miles of the property. Retreat at Greystone’s location is truly irreplaceable, offering quick and convenient access to the corridor’s top retail and office destinations such as The Summit (1M+ SF Class ‘A’ retail), Colonnade Town Center (700K Class A Office), and the newly completed Grandview Hospital (9K+ jobs). Retreat at Greystone offers the next investor the opportunity to acquire a top-of-the-line asset within a burgeoning submarket, well below replacement cost.
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