Ingram Woods

Overview

Ingram Woods is a 40-unit multifamily property located in High Point, North Carolina, acquired by Nile Equity Group in 2012. 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.

Highlights

• 40 units on 5 acres
• 90%+ occupancy
• Value tripled since acquisition
• All equity returned via refinance