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376-unit multifamily property sells to Colorado-based investment firm

Barrington Place at Somerset in Montgomery, Alabama, includes 47 buildings
Barrington Place at Somerset comprises 47 buildings in Montgomery, Alabama. (CoStar)
Barrington Place at Somerset comprises 47 buildings in Montgomery, Alabama. (CoStar)
By Jovan Richards
CoStar Research
December 3, 2024 | 6:50 P.M.

Core Realty Holdings, a California-based full-service real estate investment firm, sold Barrington Place at Somerset for $61.5 million or $162,564 per unit to Colorado-based investment firm, Monarch Investment and Management Group.

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