Chace Lake Villas
Multifamily
The property is located in the Hoover (Birmingham), AL submarket which has an average household income of $100,000+, highly ranked schools, 10,000+ quality jobs and 3 million square feet of quality retail.
Chace Lake Villas’ convenient location provides excellent proximity to Birmingham’s primary employers. Immediate area employers include: Regions Bank, AT&T, and Blue Cross which, combined, provide over 5,000 jobs within a few miles of the asset, with consistent rent growth and high barriers to entry.
This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein. An offering is made only by the Private Placement Memorandum. This sales and advertising literature must be read in conjunction with the Private Placement Memorandum in order to understand fully all of the implications and risks of the offering of securities to which it relates. A copy of the Private Placement Memorandum must be made available to you in connection with this offering. An investment in Carter Multifamily Growth & Income Fund, LLC involves a high degree of risk and there can be no assurance that the investment objectives of this program will be attained.
Company
Carter Multifamily
Location
Birmingham, AL
Overview
Chace Lake Villas was built in 1996 and is located in Birmingham, AL. The property is strategically positioned in an attractive high-growth submarket. Its location is supported by favorable workforce demographic characteristics and limited new supply.