Timberchase Apartments: Difference between revisions
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'''Timberchase Apartments''' or '''Timberchase Apartment Homes''', is a two-story, 94-unit apartment complex located at 925 [[Beacon Parkway East]] in [[Homewood]]. | '''Timberchase Apartments''' or '''Timberchase Apartment Homes''', is a two-story, 94-unit apartment complex located at 925 [[Beacon Parkway East]] in [[Homewood]]. | ||
The complex sold to Trade Winds Real Estate in [[2015]] for $4.8 million. The new owners planned significant updates to the units, landscaping and common areas. In all 38 of the complex's units were upgraded before Tradewinds sold the property to Morrison Avenue Capital Partners in late [[2017]] for $5.4 million. | The complex sold to Trade Winds Real Estate in [[2015]] for $4.8 million. The new owners planned significant updates to the units, landscaping and common areas. In all 38 of the complex's units were upgraded before Tradewinds sold the property to Morrison Avenue Capital Partners in late [[2017]] for $5.4 million. Safe Harbor Investments of Knoxville, Tennessee purchased the property from them in July [[2021]] for $7.1 million. | ||
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* Davis, Bryan (May 6, 2015) "Homewood apartment complex sold for $4.8M." {{BBJ}} | * Davis, Bryan (May 6, 2015) "Homewood apartment complex sold for $4.8M." {{BBJ}} | ||
* Godwin, Brent (December 4, 2017) "Bham apartment property sells for $5.4M." {{BBJ}} | * Godwin, Brent (December 4, 2017) "Bham apartment property sells for $5.4M." {{BBJ}} | ||
* Coker, Angel (July 26, 2021) "Safe Harbor Investments acquires TimberChase Apartments." {{BBJ}} | |||
[[Category:Apartment complexes]] | [[Category:Apartment complexes]] | ||
[[Category:Beacon Parkway East]] | [[Category:Beacon Parkway East]] | ||
Latest revision as of 16:06, 26 July 2021
Timberchase Apartments or Timberchase Apartment Homes, is a two-story, 94-unit apartment complex located at 925 Beacon Parkway East in Homewood.
The complex sold to Trade Winds Real Estate in 2015 for $4.8 million. The new owners planned significant updates to the units, landscaping and common areas. In all 38 of the complex's units were upgraded before Tradewinds sold the property to Morrison Avenue Capital Partners in late 2017 for $5.4 million. Safe Harbor Investments of Knoxville, Tennessee purchased the property from them in July 2021 for $7.1 million.
References
- Davis, Bryan (May 6, 2015) "Homewood apartment complex sold for $4.8M." Birmingham Business Journal
- Godwin, Brent (December 4, 2017) "Bham apartment property sells for $5.4M." Birmingham Business Journal
- Coker, Angel (July 26, 2021) "Safe Harbor Investments acquires TimberChase Apartments." Birmingham Business Journal