WinCor Holding Company acquired Delmont Village Apartments, a 94-unit affordable multi-family asset in Richmond, VA rebranded to Westmere.
Wincor Holding Company is pleased to announce the acquisition of Delmont Village Apartments in Richmond, VA and rebranded to Westmere. Built in 2006, Westmere is a LIHTC-designated family-affordable community with a mix of two- and three-bedroom units reserved for residents earning up to 50% of AMI.
The property offers modern construction and strong fundamentals within a market experiencing sustained population growth and increasing demand for affordable housing.
“Wincor continues to grow the portfolio in the Richmond market with a focus on providing quality affordable housing options and building communities.”
EJ Corwin, Principal, WinCor Holding Company
Details.
Quality Housing Access
Preserving and enhancing housing options for working families in a constrained affordability market
Stability and Continuity
Maintaining high occupancy while improving service levels and property operations
Creating a Better Home
Planned capital upgrades to improve the overall property environment
Growth Focus
Expanding in Richmond MSA
Partners.
