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Millside Manor (LIHTC)

101 Gillam Street, Morganton NC 28655

$ 1,370,000

Millside Manor (LIHTC)

101 Gillam Street, Morganton NC 28655
MillsideManor01
Asset Type
Affordable Housing
Date Sold
May 11, 2023
Price
$ 1,370,000
Per Unit
$ 49,000
Total Units
28
Year Built
2002
Market
Western North Carolina

Deal Highlights

28-unit Senior LIHTC Affordable Housing in Morganton, North Carolina
Challenging transaction needed syndicator, investor and HAP approvals
Successfully satisfied all parties involved
Closed at a sub-5% cap rate
APARTMENT CORE represented the Buyer

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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View Bio

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