After inquiries from at least two Alabama educational institutions, Birmingham-Southern College has put its former campus up for sale through a New York-based real estate brokerage firm.
Keen-Summit Capital Partners is handling the sale of what it’s calling the “largest college campus for sale in the country,” following BSC’s closure in May because of financial problems.
“This is the premier college campus available for sale in the U.S. right now,” says David Levy, managing director of Keen-Summit Capital Partners LLC. “It would be perfect for a college or university looking to expand or establish a satellite medical, technology, life science or other specialty campus.”
Keen-Summit’s description of the property on Arkadelphia Road in Birmingham says it includes 19 campus buildings, 34 student housing buildings, 24 single-family homes and athletic facilities for more than 20 sports.
You can see the listing here.
Fairfield’s Miles College in June signed a letter of intent to purchase the campus. That followed a $65.5 million offer by Alabama A&M University to buy the campus. That bid by the Huntsville-based A&M was not accepted by BSC.
“We are working hard to ensure this campus continues to be an amenity for Birmingham, whether that be with another college user or an adaptive reuse,” BSC President Daniel Coleman said. “As reported, we have interest from local colleges and universities and have also launched a national and international marketing campaign to attract interest from other potential buyers.”
