Property Type: Project Based Section 8 Senior Housing Community (62+ years and over)
Post Mark-to-Market, 9% LIHTC
Sheraton Towers is a senior community is located in downtown High Point with close proximity to shopping, dining and public transportation. Built in 1920 as a luxury hotel that was visited by many dignitaries including John F. Kennedy, the property was converted into apartments in 1982 and completely renovated in 2012.
This historic property features a mix of studio, one- and two-bedroom apartment homes in an historic building featuring Art Deco architectural details including wrought iron staircases and tiling. Amenities include secure building with slide key entry and security cameras, community room and laundry room.
Acquire, Preserve, Improve