The Lory of Hoover

Emerald Pointe Apartments is a 192-unit apartment community adjoining Aldridge Gardens off of Old Rocky Ridge Road, southeast of the I-65 / I-459 interchange.

The complex includes a clubhouse, laundry center, a swimming pool, a picnic area, playground, and an on-site childcare facility operated by Creative Christian Ministries.

In 2018 the Frankforter Group of Montreal, Quebec acquired the complex from Elmington Capital Group of Nashville, Tennessee for $12.5 million. In November 2020 Lexerd Capital Management of Summit, New Jersey purchased the complex for $14 million.

References

• Van der Bijl, Hanno (December 7, 2020) "Hoover apartment community changes hands for $14M." Birmingham Business Journal