Open for Funding

Persimmon

HILLSBOROUGH, NC​ | 346-UNIT MULTIFAMILY DEVELOPMENT

Requirements

  • 3 YearsEstimated Hold Period

  • $33.9MEquity Required

  • $25,000Minimum Investment

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Key Investment Highlights

  • This fully zoned and shovel-ready Project is the only Class A multifamily development in Hillsborough, with no other developments planned.
  • Located near highly trafficked intersection of I-40 and I-85, the site has excellent connectivity to the Raleigh/Durham/Chapel Hill market (the “Triangle” Region), one of the nation’s fastest-growing MSAs.
  • Advantageous location offers direct access to local demand generators UNC Health & Urgent Care, Durham Tech, RTP Logistic Park, and more.
  • The Property will offer a value proposition to potential tenants, with rents being less expensive than the comparable properties in Durham and Chapel Hill.
  • The Triangle Region is continually ranked among the nation’s best metropolitan areas due to its robust economy, attractive business climate, highly educated workforce, established infrastructure, and outstanding quality of life.

Development Information

  • Property Type

    Multifamily Development

  • Deal Type

    Opportunistic

  • # of Units

    346

  • Market

    Hillsborough, NC


Located in
Hillsborough, NC

1420 Cates Creek Parkway
Hillsborough, NC 27278
United States

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Disclaimer: The information contained herein is for informational purposes only and does not constitute an offer or sale or any form of general solicitation or general advertising of interests in any fund or investment vehicle. Any such offer will only be made in compliance with applicable state and federal securities laws pursuant to offering documents which will be provided to qualified prospective investors upon request. Prospective investors should review the offering documents carefully, which includes important disclosures and risk factors.

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