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Wood Springs and Wood Gardens Apartments are located a distance of appropriately 15 minutes apart in a suburban area of south metropolitan Birmingham, AL. The properties feature 1, 2, and 3 bedroom garden-style apartments units in 2 and 3-story buildings with private on-site parking and are for rental only. The Apartment complexes include Clubhouse with fitness center, outdoor pool, and private tennis courts in wooded settings. The properties were constructed in 1987-88 by DEL Development Corporation.
ROBERT S. SHOEMAKER & ASSOCIATES performed the Property Acquisition Survey service for the Investors, WELLINGTON REAL ESTATE for a public pension fund investment in the Apartment properties.
Wood Gardens Apartments
Wood Springs Apartments
www.woodspringsapartments.com/
Birmingham, Alabama
Wood Springs Apts
200 Springs Avenue
Site Area: 32 Acres (129,499 m2)
280 Units, 12 Buildings
Wood Gardens Apts
2139 Rocky Ridge Ranch Road
Site Area: 35 Acres (141,640 m2)
332 Units, 19 Buildings
TOTAL Investment: 612 Units
Acquisition: $86 million (current $)
Completion: 01/1991
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