Puller Place

Puller Place

Jacksonville, NC
Available
  • Property Type: Apartments
  • Year Built : 2005
  • Property Size: 267,216 SF / 240 Units

Overview

Capstone Apartment Partners is pleased to present Puller Place, a 240-unit, 2005 vintage apartment community in Jacksonville, North Carolina. Puller Place presents investors with a well-positioned asset poised for an ideal value-add opportunity which will take the property to the next level. Favorable demographics in the Jacksonville market have resulted in rents rising at a 12.0% annual rate during the first quarter of 2022. Limited new construction in the Jacksonville market coupled with increasing market fundamentals has provided the opportunity for assets such as Puller Place to increase rents markedly through value-add renovations. Having a favorable location with access to major demand drivers coupled with positive market fundamentals, Puller Place presents a premier investment opportunity.

Investment Highlights

Well-Positioned Asset Poised for Value-Add Opportunity

Favorable Market Fundamentals

Proximity to Demand Drivers

Impactful Military Presence Driving Local Economy

Contact Information

Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Austin Green Director P: 704.962.7454
O: 800.746.3175 ext. 701
austin@capstone-companies.com
Alex McDermott Partner P: 704.533.4865
O: 800.746.3175 ext. 700
alex@capstone-companies.com
Thomas Colaiezzi Investment Sales Advisor P: 901.603.8590
O: 800.746.3175 ext. 714
tcolaiezzi@capstone-companies.com
Travis Cundiff Investment Sales Advisor P: 919.601.3119
O: 800.746.3175 ext. 792
tcundiff@capstone-companies.com
capstoneapts-logo