The Pointe at Heritage

ADDRESS: 747 Alexander Springs Ln, Wake Forest, NC 27587

ACQUISITION DATE:  January 2021

DISPOSITION DATE:  

NUMBER OF UNITS: 260

AVERAGE SQUARE FEET OF UNITS:  740 – 1,430

 

The Pointe at Heritage is a well-constructed, 260 unit asset located in Wake Forest, NC. Wake Forest is one of NC’s most affluent submarkets with annual household incomes surpassing $100k within the submarket’s radius. The property is located within 20-30 min driving distance of hundreds of thousands of jobs, with 50k+ at just 10-15 min driving distance, including WakeMed and Duke Health.

Wake Forest benefits from being part of the flourishing Research Triangle region (rated second in the US in growth of the technology sector). It has a diversified workforce Future tech growth is bolstered by Wake County’s significant investment in infrastructure with over 500 miles of fiber-optics laid.