Highland Vista

Description

An 86-unit LIHTC property, located in Creedmoor, North Carolina, a suburb of Raleigh-Durham. It is a stabilized property serving a local federal government workforce. With attractive fixed-rate financing and
scarce competition, this property is expected to maintain high occupancy. Future acquisitions in the region, to augment this asset, are being explored.

City
Creedmoor
State
North Carolina
Aquisition date
February 2016
Number of units
86
Surface area
7095 m2
Fair value
5.8 Mio USD