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Fleming Heights

430 Lash Drive, Salisbury NC 28147

$ 1,600,000

Fleming Heights

430 Lash Drive, Salisbury NC 28147
FlemingHeights01
Asset Type
Affordable Housing
Date Sold
May 6, 2022
Price
$ 1,600,000
Per Unit
$ 50,000
Total Units
32
Year Built
2004
Market
Salisbury

Deal Highlights

32-unit LIHTC Affordable Housing asset with over 10 years remaining on rent restrictions
Off-market transaction located just outside the Charlotte MSA
Went from contract-to-close in only 60 days
Closed at approximately 4% cap rate
APARTMENT CORE represented the Seller

Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

  • Co-Founder
  • Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

  • Investment Broker
  • N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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