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Aerial photo of Palmer's Creek with logo

Bonaventure Begins Pre-Leasing Virginia Apartments

April 29, 2021

Bonaventure has begun the pre-leasing stage of Palmer’s Creek, a new garden-style apartment community. The 200-unit property at 9038 Jefferson Davis Hwy. in Fredericksburg, Va., is situated off Route 1 in Spotsylvania County.

The one-, two- and three-bedroom apartment homes extend in size from 707 to 1,326 square feet. Features and finishes include stainless steel appliances, walk-in closets, wood-style plank flooring, espresso wood cabinetry and garden tubs.

A community clubhouse featuring a combination of Scandinavian and farmhouse-inspired design elements is among the common-area amenities.

“We are delighted to provide a brand new living option for the Fredericksburg area,” Valecia Suser, Bonaventure vice president of property management, told Multi-Housing News. “With the low home inventory, we believe the apartments at Palmer’s Creek will be in high demand. The community offers well-appointed interiors and a full suite of amenities designed to meet the needs of any lifestyle.”

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Disclosures

The article is for informational purposes only and not intended to be all-inclusive and may be changed at any time without notice or obligation to update. This article does not constitute tax, legal, or financial advice. Bonaventure does not provide tax, legal, or accounting services. Tax laws and regulations are subject to change, and individual circumstances vary. Investors should consult their own tax advisor, attorney, or qualified intermediary regarding their specific situation before pursuing any of the strategies discussed. Forward-looking statements may be influenced by a variety of factors, many of which are beyond the control of Bonaventure and could cause the actual outcomes to be materially different from what is projected. Past Performance is not indicative of future results.

Investments in the shares involves a high degree of risk that prospective investors should carefully consider before investing. The investment is for Accredited Investors who have the financial ability and willingness to accept the risks and lack of liquidity inherent in an investment in the shares. There can be no assurance that investment objectives will be achieved or that investors will receive a complete return of their capital. This material is not an offer to sell or a solicitation of an offer to buy any interest in any fund sponsored by Bonaventure or its affiliates. Any offering is made only pursuant to a confidential private placement memorandum (PPM) and related offering documents, which should be reviewed in full and which control in the event of any inconsistency with this material. Share interests are not registered under the Securities Act of 1933 or any state securities laws, and Bonaventure offerings are not registered under the Investment Company Act of 1940.