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Investment Summary

JEM Holdings acquired Emory Woods apartments in March, 2016 as a value-add investment. Constructed in 1984, Emory Woods is a 184-unit garden style apartment complex located in Durham, NC, approximately 3 miles from Research Triangle Park and Meridian Corporate Center, two of the Triangle’s largest employment centers with over 50,000 employees, and two miles from Interstate 40, a major thoroughfare and one of the city’s main interstate highways. Since purchasing the property, JEM has rebranded the property, invested in cosmetic upgrades, and performed partial interior unit upgrades.

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