The Montclair
The Montclair
Projected IRR
20%
Projected Hold
1 Year
Year Acquired
2023
Located in Greenville, NC, this complex is well-positioned by being located near both East Carolina University and Vidant Medical Center. This property was selected due to its location in a rapidly growing market, as well as the clear fundamentals that make this a true value-add play. The Montclair was acquired in Q1 2023. In roughly 9 months, we have increased rents by over 40%.