Watermans Crossing

337 Units
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Under Contract
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About Watermans Crossing

Watermans Crossing Apartments is a 337-unit riverfront community consisting of 20, three-story apartment buildings constructed in 1973 on a 13.4-acre site. The property features concrete construction, predominantely pitched roofs and approximately 1,000 feet of river frontage. This exciting investment opportunity offers significant revenue growth potential to be realized through the November 2020 expiration of existing resident income restrictions (LURA) and also through implementation of a comprehensive property enhancement program.