Location
EXECUTIVE SUMMARY:
This community boasts 60 units with an excellent mix of 35 one-bedroom units, measuring 650 square feet, and 25 two-bedroom units, measuring 750 square feet. Birch Tree Apartments was built in 1969 and has been well maintained over the years with mature trees and landscaping.
Currently Birch Tree is operating at 93% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership. Even more impressive than this asset’s occupancy are the improved rents ownership is achieving on renewals and new leases.