Terrace Heights

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A 64-unit complex located in Morgantown, WV. These vintage style townhomes were featured in Times Magazine. Far beyond their era at the time, Terrace was the face of luxury. Although dated, a nostalgia of what once was remains. Part of the Wealthrise rehab strategy, these were acquired with future plans of a full scale renovation. ⁣Within walking distance of Ruby Memorial Hospital, the flagship hospital of WVU Medicine. WVU Medicine is the largest private employers in WV, with a total of 14,000 employees.⁣

  • Property Type: Multi-Family Investment
  • Asset Value: $6,100,000.00
  • Investment Structure: Equity
  • Minimum Investment: Closed
  • Distribution Frequency: Monthly
  • Targeted IRR: 8-10%
  • Status: Active