Summerchase

Summerchase at Riverchase, is a 240-unit, low-density, Garden Style multifamily asset located in Hoover, Alabama, a suburb of Birmingham. This Class B+ property was completed in 1989 and offers a tremendous value-add investment opportunity.

The Birmingham-Hoover metropolitan area has added more than 20,000 new jobs over the last three years and announced $2.5B in capital investments, which is a clear indication of the continued economic growth of the area. The metro also has one of the lowest unemployment rates in the nation at 2.2%. An affordable tax climate, low cost of living, and charming overall appeal makes Hoover a highly desirable destination for both Millennials and new businesses, generating new jobs and high renter demand.