Marcus & Millichap Brokers $5.6M Sale of Apartment Community in Birmingham

by John Nelson

BIRMINGHAM, ALA. — Marcus & Millichap has brokered the $5.6 million sale of Pineview Pointe Apartments, a 141-unit community located in Birmingham’s Center Point neighborhood.

Josh Jacobs and Lloyd Escue of Marcus & Millichap’s Birmingham office represented the seller, an entity doing business as Pineview Pointe LLC, in the off-market transaction. The buyer was not disclosed.

Built in the 1970s, Pineview Pointe features a mix of one- and two-bedroom, garden-style apartments.

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