Gindi Equities, a premier residential property investment firm, has recently acquired Timber Creek Apartment Homes in Fargo, North Dakota. The multifamily community is located at 4720 Timber Parkway South and was purchased from Property Resources Group. However, the management and services of the property will still be handled by Property Resources Group.
This acquisition marks Gindi’s second purchase in the thriving Fargo market as they continue to expand their national portfolio of top-quality residential properties. According to Al Gindi, President and Co-Founder of Gindi Equities, this purchase presents an excellent opportunity for strategic improvements that will add value and enhance residents’ experience.
The addition of Timber Creek follows Gindi’s previous acquisition in June when they purchased Osgood Townsite Apartments from Property Resources Group. Built in 2015, Timber Creek consists of 252 apartments ranging from one- to three-bedrooms.
