Kinston NC LIHTC Portfolio 3 Multifamily Properties in Kinston, NC

Performance Real Estate Advisors is pleased to present the exclusive offering of a three-property LIHTC portfolio located in Kinston, North Carolina. This well-positioned collection includes Nantucket Lofts, Kinston Hotel, and Kinston Oaks, which together offer a mix of affordable housing with complementary retail space in the heart of the community. The portfolio totals 98 residential units and 10 retail units, with income restrictions set at 50% and 60% of Area Median Income (AMI). The properties serve both family and senior populations, creating a diverse resident base while meeting essential housing needs in Lenoir County.
Nantucket Lofts: 28 residential units and 6 retail spaces, designed to support a vibrant, mixed-use environment and currently demonstrating strong occupancy.
Kinston Hotel: 38 senior-designated residential units and 4 retail spaces, offering quality housing for the city’s aging population in a landmark property.
Kinston Oaks: 32 residential units with mixed populations, providing affordable housing in a community-focused setting.
Together, these communities represent a unique opportunity to acquire a diversified LIHTC portfolio with multiple income streams, strong demand drivers for affordable housing, and potential for operational upside across select assets.