700 Apartments: Difference between revisions
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[[Image:Highland C Front.jpg|right|thumb|375px|Rendering courtesy Erdreich Architecture]] | [[Image:Highland C Front.jpg|right|thumb|375px|Rendering courtesy Erdreich Architecture]] | ||
'''700 A Condominium''' (formerly the '''Highland Court Apartments''') is a 35-unit | '''700 A Condominium''' (formerly the '''Highland Court Apartments''') is a 35-unit apartment building located at 700 [[34th Street South]]. | ||
The complex, built as apartments in the 1950s, was sold to partners [[Michael Cooney]], [[Brett Connor]], [[Court Davis]] and [[Clint Choate]] in June [[2006]] for $1.5 million. They spent $5 million updating and renovating the building with a swimming pool courtyard, recreation room, dry sauna and a re-styled facade. | The complex, built as apartments in the 1950s, was sold to partners [[Michael Cooney]], [[Brett Connor]], [[Court Davis]] and [[Clint Choate]] in June [[2006]] for $1.5 million. They spent $5 million updating and renovating the building as a condominium project, with a swimming pool courtyard, recreation room, dry sauna and a re-styled facade. | ||
The project was designed by [[Erdreich Architecture]] and built by [[Professional Builders]] with financing from [[Red Mountain Bank]]. | The project was designed by [[Erdreich Architecture]] and built by [[Professional Builders]] with financing from [[Red Mountain Bank]]. The upper units have views of the city skyline. The project was completed in June [[2008]]. The condominiums were priced from $149,000 to $339,000 when first put on the market. | ||
[[Image:Highland C Court.jpg|left|thumb|125px|Courtyard rendering courtesy Erdreich Architecture]] | [[Image:Highland C Court.jpg|left|thumb|125px|Courtyard rendering courtesy Erdreich Architecture]] | ||
In [[2016]] the property was sold to another local development group headed by [[David Oakley]] for $2.2 million. In addition to exterior and interior renovations, Oakley | In [[2016]] the property was sold to another local development group headed by [[David Oakley]] for $2.2 million. In addition to exterior and interior renovations, Oakley leased the unsold units as apartments, and acquired others that had sold as they became available. In [[2019]] he sold the complex to an affiliate of [[Harbert Realty Services]] for $2.9 million. They sold it, in turn, to an affiliate of [[KH Management]] in [[2021]] for $4.6 million. | ||
==References== | ==References== | ||
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* Hippensteel, Jena (July 3, 2008) "Developers open $5M 700 A Condominium on Southside." {{BBJ}} | * Hippensteel, Jena (July 3, 2008) "Developers open $5M 700 A Condominium on Southside." {{BBJ}} | ||
* Godwin, Brent (June 10, 2016) "Renovation planned for Lakeview residential property." {{BBJ}} | * Godwin, Brent (June 10, 2016) "Renovation planned for Lakeview residential property." {{BBJ}} | ||
* Van der Bijl, Hanno (June 10, 2019) "Lakeview apartment complex sells for $2.9M." {{BBJ}} | |||
* Mann, Joshua (December 2, 2021) "Birmingham investor buys $4.6M apartments off Clairmont Avenue." {{BBJ}} | |||
{{DEFAULTSORT:Seven Hundred A Condominium}} | {{DEFAULTSORT:Seven Hundred A Condominium}} | ||
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[[Category:Erdreich Architecture buildings]] | [[Category:Erdreich Architecture buildings]] | ||
[[Category:Condo conversions]] | [[Category:Condo conversions]] | ||
[[Category:1950s buildings]] | |||
[[Category:2008 buildings]] | [[Category:2008 buildings]] | ||
Revision as of 15:17, 6 December 2021
700 A Condominium (formerly the Highland Court Apartments) is a 35-unit apartment building located at 700 34th Street South.
The complex, built as apartments in the 1950s, was sold to partners Michael Cooney, Brett Connor, Court Davis and Clint Choate in June 2006 for $1.5 million. They spent $5 million updating and renovating the building as a condominium project, with a swimming pool courtyard, recreation room, dry sauna and a re-styled facade.
The project was designed by Erdreich Architecture and built by Professional Builders with financing from Red Mountain Bank. The upper units have views of the city skyline. The project was completed in June 2008. The condominiums were priced from $149,000 to $339,000 when first put on the market.
In 2016 the property was sold to another local development group headed by David Oakley for $2.2 million. In addition to exterior and interior renovations, Oakley leased the unsold units as apartments, and acquired others that had sold as they became available. In 2019 he sold the complex to an affiliate of Harbert Realty Services for $2.9 million. They sold it, in turn, to an affiliate of KH Management in 2021 for $4.6 million.
References
- Wilkinson, Kaija (July 28, 2006) "City apartment complex slated for makeover." Birmingham Business Journal
- Hippensteel, Jena (July 3, 2008) "Developers open $5M 700 A Condominium on Southside." Birmingham Business Journal
- Godwin, Brent (June 10, 2016) "Renovation planned for Lakeview residential property." Birmingham Business Journal
- Van der Bijl, Hanno (June 10, 2019) "Lakeview apartment complex sells for $2.9M." Birmingham Business Journal
- Mann, Joshua (December 2, 2021) "Birmingham investor buys $4.6M apartments off Clairmont Avenue." Birmingham Business Journal