Kinston is a small family-centered town between the North Carolina coast and the bustling state capital of Raleigh. In the heart of Kinston's quaint but vibrant community, a new beacon of hope arose with the construction of the affordable rental property Stockton Pointe Apartments.
Comprised of sixty units spread across three, three-story residential buildings and one community hub, Stockton Pointe offers a diverse mix of living spaces tailored to households earning 60% or less of the Area Median Income (AMI). With fifteen units specifically allocated for those earning below 50% AMI, Stockton Pointe is a testament to inclusivity and accessibility in housing.
New Construction: 60 Units
Private Equity Investment: $5,485,544
During Construction:
Local Jobs Supported: 54
Projected Government Revenue: $1,019,760
Developed and managed by Frankie Pendergraph and her affiliated companies, Stockton Pointe is set to help redefine affordable family living in Lenoir County. Located on a picturesque 5.0-acre site, Stockton Pointe is positioned to serve the local community's needs. What sets Stockton Pointe apart is its commitment to affordability and dedication to quality within the community.
Each unit has modern amenities, from kitchen appliances to walk-in closets, ensuring residents experience comfort and convenience in every aspect of their daily lives. The community building at Stockton Pointe is a focal point for social interaction and supportive services for residents. This property will give local families access to high-quality, affordable housing for many years.
7700 Falls of Neuse Road, Suite 200
Raleigh, NC 27615
919-420-0063
This institution is an equal opportunity provider.
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