06/16/2026
Metonic is pleased to announce our acquisition of Heather Ridge Apartments, a 244-unit garden-style community in Columbia, MO.
The community is a natural fit for our strategy: a well-located asset near I-70 and walkable retail, serving a core workforce and young professional renter base with clear value-add potential.
Heather Ridge marks our second investment in Columbia, following the acquisition of Four Winds in 2025. After analyzing 87 Midwestern markets, Columbia ranks among the top 5, consistently posting strong rent growth, low vacancy rates, and demographic tailwinds.
Well-positioned deals like this don't come from spreadsheets alone. They come from years of regional expertise, strong local relationships, and a proven track record of ex*****on.
Thank you to the Metonic team and our partners for making this possible. We look forward to serving the Heather Ridge community and delivering a place our residents are proud to call home.