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About
About Central NC 3 Portfolio
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Central NC 3 Portfolio, a 312-unit apartment portfolio in Oxford, Lexington, and Eden, NC. The properties, built between 2002-2005, offer an outstanding opportunity to invest in assets with significant, proven growth potential. With sustained stabilized occupancy and positive rent growth trends, the three properties offer ideal rental headroom for incoming investors. By completing the value-add program, where renovated units are achieving premiums over classic units, incoming investors can increase annual revenue by 25%+ at each property. Each property has highly attractive assumable debt with high leverage and a blended average interest rate of 3.90%.
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