Waterford Landing

Sold Price

$18,185,000

 

Hold Period

2 Yrs.

 

Total Equity

$3,144,000

 

Total Profit

$5,989,068

 

Year Built

1991

Located in Birmingham, AL in the Hoover Sub-market. A 220-unit garden style apartment community. The asset performed very well over the course of the hold. Waterford received several upgrades, both internally and externally. Through focused management and business plan Providence was able to perform above expected returns.