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Summerlyn Place & Crescent Oaks

Posted: 10/11/2024
220 Units
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Summerlyn Place
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About

About Summerlyn Place & Crescent Oaks

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 140-unit Summerlyn Place located in Burlington, NC, and the 80-unit Crescent Oaks located in Graham, NC. The assets are situated in the rapidly growing Burlington submarket, which ranks #1 among Triad submarkets for average occupancy, highest rents, quarterly occupancy increase, and quarterly rent growth. The assets are ideally located in the rapidly growing Carolina Core, where thousands of new jobs are being added annually. Through the completion of the in-place value-add program at Summerlyn Place and Crescent Oaks, incoming investors have the outstanding opportunity to increase annual revenue by at least 28%+ over 3 years.

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