Ingram Woods is a 40-unit multifamily property located in High Point, North Carolina, acquired by Nile Equity Group in 2012 for $730,000. Situated on five acres, the property offers potential for ground-up development of an additional 30 to 50 units. Ingram Woods has consistently maintained occupancy above 90% over the past five years. The asset’s value has more than tripled, and all original equity has been returned to investors through a successful refinance.

The property continues to perform at a high level and provide consistent cash-flow.

Estimate Value – $3,200,000