Asset Details

Water: municipal

Sewer: private

W/S Billing Method: direct

Electric Billing Method: direct

NOI at Purchase: $243,586

Expected NOI Year 5: $284,428

Family Median Income: $51,680

Income Per Capita: $22,867

Population: 172,842 (as of 2016)

Average 2 BR: $735

Average 3 BR: $1065

Median Home Price: $112,500



  • Direct billed utilities (water, sewer and electric)
  • Greenville Utilities confirmed that historically, there have been no septic issues in the community or neighboring areas that use septic
  • Greenville Utilities maintains from meter-to-main within the community

Pro Forma

There can be no assurance that the actual results or developments anticipated will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Fund (as defined below) or its operations. There can be no assurance that the Fund will achieve its target returns or avoid losses, including loss of principal.

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