Over the Mountain portfolio – BIRMINGHAM
Cofinance Inc. acquired early 2014 a residential complex of 438 apartments of two and three room in the city of Homewood, on the outskirts of Birmingham (Alabama). The investment program is to improve the rental potential with a rental value review program. On this basis, with a strategic vacancy of 12%, the annual rental reaches $ 2.3 million end of 2015 an estimated $ 10 million.
Over the Mountain portfolio
Acquisition of apartments in 2014