Jones Lang LaSalle, a licensed real estate broker operating in both North and South Carolinas (“JLL”), is proud to have been selected as the exclusive sales representative for Caswell at Mill Creek and Caswell at Riverwalk in Jacksonville, North Carolina. This portfolio features a total of 108 apartment units that offer an ideal investment opportunity in the thriving Jacksonville market. Constructed in 1967 and 1964, Caswell at Mill Creek and Caswell at Riverwalk Apartments are located just a short drive to Downtown Jacksonville. Newly renovated units will allow new ownership to boost rental rates, minimize loss-to-lease, and take advantage of the growing micro-market rents in the area. Benefiting from an ideal economic and financial climate, the properties offer a highly favorable setting for achieving substantial returns. The vicinity boasts diverse employment drivers, easy access to some of North Carolina’s premier vacation destinations, and an ever-expanding economy, making Caswell at Mill Creek and Caswell at Riverwalk prime choices for astute investors.
INTERNAL MARK-TO-MARKET QUALITIES
PROXIMITY TO WELL ESTABLISHED VACATION DESTINATIONS
ENCOURAGING RENTAL MARKET DYNAMIC