Villages at Garst Creek
In April 2021, Blackfin acquired Villages at Garst Creek, a 1974 vintage, 504-unit garden-style affordable (LIHTC) housing community in Roanoke, VA. Villages at Garst Creek is conveniently located minutes from some of the best schools in the market, retail amenities, employment centers, as well as major transportation arteries such as Route 220 and I-81. The Property benefits from the nearby Carilion Clinic, one of the largest health care companies in Virginia, and the region’s largest employer (24,000+ jobs and $3.2B+ economic impact). Blackfin will implement a multi-pronged business plan, which will include exterior capital improvements and a re-branding of the community, that will improve the overall resident experience.