Five Montgomery-area apartment complexes sold recently in deals totaling more than $77 million.

Craig Hey and Jimmy Adams of Cushman & Wakefield represented the sellers.

The properties include:

Arbor Station, a 288-unit property built in 1988, and Stratford Village, a 224-unit property built in 1986. Morrison Avenue Capital Partners was the buyer.

The 164-unit complex, The Heights Montgomery, built in 2016. StoneRiver Co. developed and sold the property to Waypoint Residential Services.

In Prattville, The Mills at 601, with 136 units constructed in 1995, and Havenly Park Villas, with 56 units, built in 1997. Aspen Square Management sold the properties to Resolute Real Estate.

Hey said heavy national interest was the reason The Heights sold “at a record-setting price per unit basis for a conventional asset within the city.”

“The five Montgomery closings demonstrate strong demand for investing in stable, tertiary markets with solid employment drivers,” said Hey. “The properties offer a diverse mix of investment opportunities that includes new infill deals to value-add execution."