Lenox Gates
Multifamily
Lenox Gates is a high-quality value-add asset located in Mobile, Alabama with consistent rent growth and high barriers to entry. The property is located in the Mobile, AL market which has a strong rental market and a low vacancy rate. The market is projected to continue making significant rent gains and limited supply is expected in the area. Mobile is the largest Gulf Coast city between New Orleans and Tampa. With two airports, access to 15,000 miles of inland waterways, two interstate systems, and the 9th largest port by volume in the U.S., Mobile is connected to North America and world markets.
Major rail, ship and highway transportation systems converge at the Port of Mobile to link Mobile businesses with the nation and the world.
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
Mobile, AL
Overview
Located in Mobile, AL, Lenox Gates consists of 228 apartment homes with 1-, 2-, and 3-bedroom floorplans. The Mobile Bay connects to the world with proximity to major rail, ship, and highway transportation systems.