Roberts Lane

Apartments

Nestled in High Point, NC (a quickly expanding piece of the Winston-Salem metropolitan area), the Roberts Lane Apartments were acquired in Q2 of 2023.  These units were purchased at a steep below-market rate due to the high vacancy in place - but all of that screamed value-add potential to us.  Through significant CAPEX improvements, we expect this property to be an extremely strong piece of the portfolio.  In just over 3 months, we have taken vacancy from 55% to 10%, renovated a significant portion of the property, and have increased fill rates by 69%!