Map pin1901 Lipscomb Road East, Wilson, NC, 27893, US

Beacon Pointe

Beacon Pointe_Property for Sale

Attributes

Number of units
104
Occupancy
97%
Year built
1973
Building area net
96,938 sf
Land area gross
9.51 acres

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Beacon Pointe Apartments. The Property is comprised of 15 buildings totaling 104 units. The Property benefits from a HAP contract on 44% of units and a LIHTC LURA on 100% of units. An Investor will benefit from the Property's stable operations provided by the HAP contract and amplified by the lack of multi-family competitors in this North Carolina market.

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Investment Highlights

  • HAP Contract Provides Stable Operations
  • Stable, Bond-Like Cashflow
  • Attractive & Assumable Financing
  • Proximity to the Research Triangle
  • Proximity to Economic Drivers & Major Employers
Beacon Pointe 4_Property for Sale
Beacon Pointe 4_Property for Sale
Beacon Pointe (0 Properties)

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Last updated
15 Oct 2024