Timber Leaf

About Timber Leaf

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Timber Leaf, a newly delivered 92-unit Build-to-Rent (BTR) community located in the low-supply, high-growth Bessemer submarket of the Birmingham AL MSA. Timber Leaf is well-positioned just minutes away from some of the metro’s biggest upcoming economic developments, most notably the upcoming $400M UAB Medical West Hospital development which delivers in 2024 (1,000+ jobs) and the upcoming $1.1 Billion Smucker’s facility which delivers in 2025 (750+ jobs). The Bessemer submarket has captured a big chunk of the metro’s job growth especially in the industrial space. Fully delivered in 2023, Timber Leaf offers an outstanding unit mix of 3-5BR detached single family homes with large floorplans (2,017 avg SF) and brick/hardi exteriors. The asset benefits from being the only BTR asset in an under-supplied submarket, which has experienced 5%+ rent growth YOY for the last 5 years. Timber Leaf arrives to market with a strong lease up (73% pre-leased occupancy) and embedded organic rent growth for the next investor.