INVESTMENT HIGHLIGHTS
Marcus & Millichap is pleased to present to qualified investors Boulevard West Apartments in Greenville, NC. Comprised of 239 units constructed from 1991-1993, the property offers investors a centrally located asset convenient to downtown Greenville, East Carolina University, and surrounding economic generators. In addition to its strong location, the property provides an opportunity to increase rents to submarket levels and implement a strategic upgrade program to modernize and update unit interiors. Additional upside opportunity exists through leveraging the property’s park-like setting to add community amenities and other features to enhance resident retention. As Greenville’s downtown continues its revitalization and the University continues to expand, the property’s close proximity to the CBD and the area’s top economic generators puts it in a prime position to attract and capitalize on renter demand in a rapidly growing eastern North Carolina market.