Cove Capital Investments Acquires an All-Cash / Debt-Free Retail Center for Its Eastwood Village Opportunity 71 DST
Cove Capital Investments Acquires an All-Cash / Debt-Free Retail Center for Its Eastwood Village Opportunity 71 DST
02/21/24, 1:33 PM
Location
birminghambirminghamCove Capital Investments, LLC has completed the acquisition of an all-cash / debt-free multi-tenant retail center in Birmingham, AL. The acquisition contributes to Cove's growing portfolio of debt-free real estate assets and is part of its value-add strategy to potentially increase net operating income and property value. This acquisition further cements Cove as a leading provider of Delaware Statutory Trust properties for accredited investors.
Company Info
Location
hawthorne blvd
Birmingham, Alabama, United States
Company info
The multi-tenant retail center is a debt-free, all-cash acquisition by Cove Capital Investments, LLC. It includes anchor tenants such as Ross Dress for Less, Five Below, Office Depot, and others. It is strategically located in close proximity to the University of Alabama Birmingham and enjoys high traffic and a dense population in the surrounding area.