Oak Creek Village

Posted: 10/19/2017
SOLD
501 Units
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

Photos

Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village
Slideshow Image
Oak Creek Village

About

About Oak Creek Village

Offers due:  Thursday, November 16, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Oak Creek Village, a 501-unit 1972-built (substantially renovated in 2007) apartment community in Durham, NC. The property has 648 feet of frontage on U.S. 15-501 (Durham-Chapel Hill Boulevard), the major artery between downtown Durham and Chapel Hill. The nearby I-40 interchange provides further connectivity to Research Triangle Park, Raleigh, and Greensboro. The opportunity offers multiple value-add investment strategies, where NOI growth of varying levels is available depending on the scale of investment. There is a "plug and play" approach where minor capital investment results in 21% NOI growth and a full-scale approach with interior upgrades where 67% NOI growth is available. Investors can benefit from one or a combination of both options.