1664 Lipscomb Rd E
Wilson, NC 27893

Property tours are available March 14th by appointment only. Please contact the listing broker to schedule a tour. Kitchen with stove, dishwasher, dual stainless steel sink, pantry, and plenty of cabinet and counter space Large closets, carpeting and hardwood-style flooring, window coverings, and a patio / balcony Wheelchair accessible rooms, washer / dryer connections, air conditioning / heating, and cable TV Full LIHTC building with rents fixed at 60% of AMI level and possibility of annual rent adjustments New leases and all renewals produce $577 (3 Bedroom) and $506 (2 Bedroom) rents Investment Overview: Summer Place is a 48-unit, garden-style apartment community located in Wilson, North Carolina. Built in 2000, the property is situated on 5.5 acres of land, occupying 47,656 rentable square feet, contains six, two-story buildings featuring brick and vinyl-sided exteriors, and shingled pitched roofs. The property offers an ideal unit mix of two spacious studio units measuring 1,094 square feet each, 16 two-bedroom units measuring 853 square feet each, and 32 three-bedroom units measuring 1,094 square feet each, with an overall average unit size of 1,014 square feet. L Located in a peaceful neighborhood surrounded by mature trees, this well-maintained property is beautifully landscaped featuring manicured grass areas, trimmed shrubs, and flowering trees and plants. Community amenities include Clubhouse, laundry facility, picnic and grilling area, playground, package service, 24-hour maintenance, and on-site management.