Cushman & Wakefield has arranged the $42-million sale of Highland Lakes, a 224-unit multifamily property located in the Montgomery submarket of Prattville, AL.

Craig Hey and Andrew Brown of Cushman & Wakefield represented the seller, Tampa, FL-based Morrison Avenue Capital Partners, LLC, in the transaction. The property was acquired by Minneapolis, MN-based Timberland Partners.

“Highland Lakes is well-located and has great bones for a continued renovation. The community is poised for growth in the ever-expanding Prattville market.” said Hey. Built in 2001, Highland Lakes features top-of-market amenities including gated access, pool, dog park, car care center, detached garages, clubhouse with business center, picnic area and fitness center.