Author: amadmin

New $46 Million Multifamily Development Project Underway!

Obviously it is with great excitement that our team can announce our plans for a new $46 million development of 240 new units of the very best, Class A multifamily homes to the Daphne, AL market. This project has been a real labor of love for all of us at Adcock Properties and one we have wanted to take on for quite some time. It’s certainly of great personal significance to our CEO himself, John Adcock, since building apartments is how his father started this company; and it’s been his greatest desire since the day he took over to get back to the roots of how it all started.

We’ve had extraordinary success in acquisitions and extensive repositions over the years, and that will always remain a significant part of what we do; but the time is right for us now to move back into new development. Our focus every single day is on continuing to seek and find opportunities to provide our investors with exceptional return on investment. We continue to believe that multifamily industry is the very best asset class in the world and one that is only going to keep getting better. We know that our company is positioned to be at the forefront of that industry in the coming years, and this project will be the first of many new development projects for us. The entire Baldwin County market is one that we know very well. The City of Daphne is right in the middle of that activity, and we can’t wait to be a part of all that’s happening there.

Welcome Bonita Ridge & The Gates at Three Rivers!

At the end of January 2020, we excitedly welcomed TWO new properties to the Adcock Properties family! First up is Bonita Ridge! Nestled in the perfect location in Meridian, this charming property offers 1, 2 and 3 bedroom apartment homes with a floor plan to suit every need. The community is convenient to shopping dining and activities. With the neighboring Bonita Lakes Park adjoining the property, there are activities for all of your outdoor enjoyment. The Bonita Lakes Mall area offers shopping and dining of all types. The beautiful grounds of the property, ample parking, a swimming pool, central mail location and a professional management team makes Bonita Ridge the perfect place in Meridian to call home.

Also joining us is The Gates at Three Rivers, where you can spend your time living where work and play intersect! They offer spacious and affordable studios, 1, 2, and 3 bedroom apartment homes. Centrally located in Gulfport, The Gates at Three Rivers is just minutes away from the beach, shopping, dining, casinos, and so much more!

2020 is off to a great start! Stay tuned for more.

Bellegrass Celebrates

The best time of the year has come and gone once again! Bellegrass’ annual 4th of July Celebration was a success. The day was filled with swimming, water slides, BBQ contests, live music, a golf cart decoration contest, lots of good food and even better food. We’d like to thank everyone that took time and effort to put this awesome event together, especially our awesome HOA members. See all of our sponsors below! Until next year. Happy 4th!