Nordica Crest

Nordica Crest

Fayetteville, NC
Available
  • Property Type: Apartments
  • Year Built : 1992
  • Property Size: 55,000 SF / 50 Units

Overview

Capstone Apartment Partners is pleased to present Nordica Crest: a 50-unit, 1992-vintage apartment community in Fayetteville, North Carolina. The asset benefits from a proven value-add program, which will provide an excellent foundation for new ownership to utilize and take the property to the next level. The asset is surrounded by some of the region’s most prolific employers, such as Fort Bragg, and is proximate to multiple Class A retail and amenity options for residents to enjoy. Additionally, the asset is situated in one of the top submarkets for multi-family fundamentals and demographics, with over 55% of the surrounding area comprised of renters and a robust 13%+ rent growth year over year. Having a significant value-add opportunity coupled with an excellent location and positive multi-family fundamentals, Nordica Crest presents investors a premier investment opportunity.

Investment Highlights

Robust Value-Add Opportunity

Strong Market Fundamentals for Multi-Family Housing

Strong Organic Rent Growth in 2021

Excellent Location Proximate to Class A Retail, Amenities, and Jobs

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
Thomas Colaiezzi Investment Sales Advisor P: 901.603.8590
O: 800.746.3175 ext. 714
tcolaiezzi@capstone-companies.com
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