Reserve at Providence

Posted: 4/10/2017
574 Units
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence
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Reserve at Providence

About

About Reserve at Providence

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 574-unit, 1971-1986 built Reserve at Providence. The property offers a well-located value-add opportunity with economies-of-scale in a premier, high barriers-to-entry submarket with a dwindling supply of Class B properties. The property offers a proven value-add program ($150 - $294 premiums) with 83% of the units remaining (478 units) to be renovated. In addition, further upside remains as value-add competitors and newer competition are averaging rents from $232 to $418 higher than Reserve at Providence.