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Timberland Purchases 209-Unit Apartment Property in Rochester, Minnesota

ROCHESTER, MINN. — Timberland Partners has purchased Eastwood Ridge in Rochester for an undisclosed price. Built in 2016, the 209-unit apartment property features one-, two- and three-bedroom floor plans. Amenities include a clubhouse, coffee bar, fitness center, pool and dog park. The exterior capital improvements Timberland plans to make to the property include a new grilling area, improved landscaping and upgraded amenities. Timberland now owns and manages 76 apartment communities totaling 16,098 units across 15 states.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
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‣ NAI Global
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‣ Walker & Dunlop

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