Multi-housing / PRS

Lodge at Croasdaile Farm

3130 Hillandale Rd Durham, NC United States 27705
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 2018
Building Area
Occupancy 89.0 %

Property Description

2018 vintage, 320 unit garden apartments, class B

Investment Highlights

  • Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to have been retained as the exclusive sales representative
  • for Lodge at Croasdaile Farm in Durham, North Carolina. Lodge at Croasdaile Farm (or the “Property”) is a 320-
  • unit suburban apartment asset featuring unit versatility across its three-phase delivery of garden-style flats and
  • townhomes. Nestled among a lush 40-acre landscape, the Property enjoys scenic views of its surrounding
  • natural wooded areas while boasting a dynamic roster of luxury amenities and thoughtful unit features.
  • Sitting within the prestigious 1,100-acre master planned residential community of Croasdaile Farm, Lodge
  • at Croasdaile Farm presents an address of affluence, natural landscape, and high barriers-to-entry – all with
  • coveted connectivity to Downtown Durham’s STEM economy and celebrated culture.
  • With segmented rents resulting from phased construction, untapped potential of view and new amenity
  • premiums, and proven growth over a successful lease-up, the Lodge at Croasdaile Farm offers an unparalleled
  • value proposition – the opportunity to acquire a core asset while earning core-plus returns.
Jeff Glenn
Jeff Glenn
Managing Director, Capital Markets
License details
NC-136508
Allan Lynch
Allan Lynch
Senior Director, Capital Markets
License details
NC-277156

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