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About
About Coleman Place
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 95-unit Coleman Place apartment community located in Anniston, AL. This asset is strategically located within minutes of Interstate-20 (38,787 VPD) and US-431 (17,527 VPD) offering high visibility and convenient access to employment and retail corridors. Current owners have injected over $1.2M in capital expenditures since the acquisition in 2021, including new roofs and unit renovations. With only 80 units delivered in the submarket in the past 10 years, the submarket has seen strong occupancy as well as robust organic rent growth. Built in 1973, with 84 units renovated, Coleman Place offers an outstanding opportunity to invest in a heavily capitalized asset with powerful performance trends.
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