Park on Valley Apartments
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Park on Valley Apartments, formerly the Sandpiper Apartments, is a 113-unit apartment complex at 741 Barcelona Court near Homewood Middle School in Birmingham's Glen Iris neighborhood.
Arcan Capital of Atlanta, Georgia acquired the property in early 2019 for $2.59 million. In 2021 the complex was purchased for $8.2 million by an affiliate of a private equity firm which includes J. Matthew Bodnar and Chris Sanders as partners.
References
- Van der Bijl, Hanno (July 2, 2021) "Birmingham multifamily portfolio sells in $21.5M deal to Nashville investor." Birmingham Business Journal