• Property Type: Loft
  • Average Rent/SF: 1.08
  • Density/Acre: 40
  • Date Acquired: 2009
  • Year Renovated: 2010
  • Date Sold: Q2 2011

In 2009, the development group purchased and undertook the complete renovation of the historic Terrace Court Apartments located in the thriving 5 Points district of Birmingham, AL. Terrace Court now features 40 modern, loft style apartments and 14,000 square feet of retail, restaurant and office space. The property has been a catalyst to the revival of the historic 5 Points neighborhood.