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Park at Clearwater

Posted: 8/23/2017
280 Units
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater
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Park at Clearwater

About

About Park at Clearwater

The Cushman & Wakefield Southeast Multifamily Advisory Group is excited to present the exclusive listing of Park at Clearwater, a 280-unit, 2000 / 2004-built apartment community in Aberdeen, NC. Fueled by its proximity to Fort Bragg, the local economy has blossomed in recent years, posting superior market fundamentals to both the state and Fayetteville. The property’s convenient location offers premiere retail at a walking distance and easy accessibility to the area’s primary economic drivers. Built in 2000 / 2004 with a unique architectural style and following a capital infusion of nearly $650,000, Park at Clearwater is a low-maintenance, quality asset with a proven in-place value-add program. With rents trailing the submarket average and upgraded units proving $95 monthly premiums, incoming investors will have the opportunity to boost annual NOI by an impressive 26%.