• Brand New 2021 Construction | Premier Class A Product  
  • Exceptional Lease-Up Speaks To The Asset’s  Desirability And Quality
  • Huge Opportunity With Market Rents Priced Below Competitive Subset  
  • Strong Surrounding Demographic Profile | Ultra High Growth Submarket
  • Strategic Location Near Employment, Retail, And Hwy. Connectivity  
  • Offered Free And Clear Of Existing Debt

Brand New 2021 Construction | Huge Opportunity with Premier Class A Product  
Exceptionally high-quality construction is evidenced throughout Parkside Apartments with highly impressive interior finishes evidenced throughout. Tenants enjoy spacious floorplans with in-unit washers and dryers, soaring 9 ft. ceilings, walk-in closets, extra storage, patio or balcony, ceiling fans, recessed lighting, all-electric kitchen, secured building access, and garage parking.

Exceptional Lease-Up Speaks to the Asset’s Desirability and Quality
Parkside Apartments experienced a phenomenal lease-up, especially in the second and final phase, indicating that the current rents are well below market. This strong lease-up velocity is proof that there is demand for high-quality new construction rental communities in this submarket. With initial lease-up completed, a new investor can focus on dialing in operations by increasing rents to current market levels as units turn, and also on streamlining expenses.

Huge Opportunity with Market Rents Priced Well Below Competitive Subset
Current rents at the property are approximately $170- $185 below that of competitive communities in the marketplace including, but not limited to: Blue Ridge Commons and Rising Ridge, both of which are of comparable quality and location.

Simply by implementing professional management techniques and strategic marketing, new ownership will be afforded the opportunity to capture a significant boost in top-line revenue!