Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 2015
Building Area
Occupancy 95.0 %

Property Description

2015 Vintage, 224 units, core property

Investment Highlights

  • Jones Lang Lasalle, a North Carolina licensed real estate broker
  • (“JLL”), has been retained as the exclusive sales representative for
  • The Lincoln in Raleigh, North Carolina. JLL is pleased to present
  • The Lincoln (“the Property”), a 224-unit midrise community located
  • in one of Downtown Raleigh’s most transformative and vibrant
  • neighborhoods. Completed in 2015, The Lincoln and its residents
  • benefit from Banner’s luxuriously designed features, modern
  • gathering spaces and amenities.
  • Moreover, The Lincoln boasts a 93 WalkScore, qualifying it as a
  • “Walker’s Paradise,” due to its proximity to the region’s second
  • largest employment center with 48,000+ employees, 250+
  • restaurant and retail locations, and the recently redeveloped
  • Moore Square. The Property’s Downtown Raleigh location provides
  • investors with an excellent opportunity to expand or establish
  • their footprint inside of ULI’s #2 ranked city for overall real estate
  • prospects.
  • Strong property level leasing and rent growth trends amid soaring
  • investment in the surrounding neighborhood are key indications
  • that The Lincoln is positioned perfectly for future upside.
Jeff Glenn
Jeff Glenn
Managing Director
Licensed in
136508
Allan Lynch
Allan Lynch
Senior Director
Licensed in
NC-277156

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