Deerbrook Apartments

Multifamily

Date Acquired: 03-07 -2019
Date Sold: 07-31-2020

703 Grathwol Drive, Wilmington, NC 28405

Gross Internal Rate of Return (IRR): 23.3%

Deerbrook Apartments was a multifamily community located in the coastal market of Wilmington, NC – a sought-after market offering a significant standard of living across generations.

This property was built in 1999 and features 152 units across a gross rentable area of 154,128 SF.

Deerbrook Apartments was a part of The Carolinas Portfolio along with Chimneys at Greenville Apartments.

Acovest.org acquired this property on March 7, 2019 and sold it on July 31, 2020.

Contact Us

Please give us a call or send us a message if you have any questions or would like to learn more about investment opportunities at CIG.
(757) 490-1193

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