Click Here to View Offering Materials: La Deara Crest Estates
Capstone Apartment Partners is pleased to present La Deara Crest Estates: a 246-unit, garden-style community located in the heart of the Triad in Winston-Salem, NC. La Deara Crest offers unparalleled access to downtown Winston-Salem and the Triad region. The property is an extremely well-maintained asset with a desirable unit mix that benefits from significant recent CapEx. With seven years remaining on the 2nd 15-year LIHTC compliance period, and a majority of the exterior CapEx improvements completed, incoming investors can focus on driving NOI growth by building on the current foundation to increase rents closer to the rental limits and improve occupancy.