Property Description

Aviation Crossing is a townhome and carriage-style apartment development located at 4555 McCrimmon Parkway, Morrisville, North Carolina 27560. Developed in 2021, the Property consists of 12.68 acres of land upon which five residential buildings are situated housing a total of approximately 294,293 rentable square feet across 298 apartment units.

Units include modern kitchens with quartz countertops,  USB  electrical outlets,  deep, single basin stainless kitchen sinks, plank- style flooring in kitchen and living area, chef-inspired, side-by-side refrigerator with filtered water and ice machine, large kitchen islands, ceiling fans in the living area and master bedrooms, stainless steel appliances and high- end Whirlpool washer and dryer.

The  Property  boasts  several  community amenities including: ride-sharing lounge, electric vehicle charging stations, private day offices and conference room, covered outdoor club room, electric grills and dining area, resort-style swimming pool, poolside pavilion, bark park and spa, 24-hour fitness center and clubhouse, game room, detached garages, and 24/7 secured access package room.


Property Type



Delaware Statutory Trust

Aviation DST


Remaining Availability

100% Remaining

Total Funds
Remaining Availability
Minimum Investment
Funded To Date
Est. Hold Period
Equity Raise
Price/SF or Price/Unit

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Location Details




Population Growth


About The Area

The Raleigh MSA’s concentration of technology and life science companies has greatly impacted the market’s recovery rate. These high-growth sectors have helped attract companies to ResearchTriangle Park, even during the height of the COVID-19 pandemic.

In addition to an already thriving economy, the Raleigh MSA’s talent base and highly-educated labor pool continue to attract corporate investment.  North Carolina State University, Duke University, and University of North Carolina at Chapel Hill provide a steady stream of workers from which many local employers recruit.



NexPoint is a leading alternative investment advisor. NexPoint manages a suite of products that provide access to differentiated investment opportunities. The NexPoint product suite covers a range of vehicles, including listed REITs, real estate private placements, 1031 Exchanges, closed-end funds, a business development company (BDC), and interval funds. NexPoint is part of a multibillion- dollar investment platform that serves both retail and institutional investors worldwide. While NexPoint’s focus areas include real estate and alternative credit strategies, its products draw on expertise and capabilities from across the platform, which spans a range of asset classes and investment strategies.

An affiliate of the Manager, NexPoint and its affiliates have accumulated a significant portfolio of core-plus and value-add multifamily property through a series of opportunistic acquisitions since 2012. From 2012 through December 31, 2019, NexPoint Real Estate Advisors and its affiliates invested in 139 multifamily real estate transactions with total gross real estate value exceeding $5.02 billion. During this period, NexPoint has completed approximately 8,250 full and partial value add rehabs on unit interiors within its portfolio.

NexPoint Real Estate Advisors, IV, L.P. (the “Sponsor”) serves as a sponsor to the platform’s newest offering, NexPoint Flamingo DST.