Birmingham Five Points South apartment building acquired by Atlanta company

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Audobon is a metro-Atlanta-based rental housing investment company.

Audubon has purchased Scholar Birmingham, 1001 20th St. S., a 198-unit apartment property, for an undisclosed amount.

“We are thrilled to bring our vision for Scholar Birmingham apartments to life,” Myles Cunningham, managing partner and CIO at Audubon said. “The Five Points neighborhood is known for its unique character and vibrant community, and we are dedicated to enhancing the property to match. With our extensive investment, we aim to provide an exceptional living experience for our future residents.”Audubon plans to transition the property to market-rate housing, modernizing the interiors and enhancing amenities.

The building currently offers studio, 1, 2, 3, & 4-bedrooms, a rooftop pool, 24-hour fitness center, lounge, outdoor grilling stations, relaxation room, sauna, fire pits and secure parking.Alabama’s Katie Britt to speak at Republican National Convention days after Trump assassination attemptAmy Bishop’s bid for review of conviction in 2010 UAH mass shooting rejected by state supreme court

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