Timber Falls is a B class property, located in a B class area in Birmingham, AL. This was a stable property at purchase. We have systematically improved the property since acquisition and the property remains stable and profitable. We continue to pay quarterly cash distributions and will operate the property for cash flows until we ultimately sell the property to realize capital appreciation.
Average Cash: 7%+ annual rate
Number Of Units: 176 State: Alabama
Purchase Date: July 2013
Sold Date: Still Operating