Fern Parc, a 343-unit Huntsville apartment complex, has sold for $27.45 million.

Panther Residential Management, the owner, sold the property to Wicker Park Capital Management LLC. Jimmy Adams and Craig Hey of Cushman & Wakefield’s Birmingham office represented the seller.

Built in 1974 and renovated in 2015, Fern Parc is located off U.S. 231 in south Huntsville.

Adams said Huntsville’s robust job market and rent growth - currently at fourth nationally - is drawing national interest.

“Fern Parc arrived to market fully renovated with market-backed, value-add upside,” Adams said. “New ownership is excited to capture further momentum as Huntsville continues to build upon its national reputation as a premier investment locale.”