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Multifamily

Ardmore, Reynolds & Heather South

2225 Silas Creek Pkwy, Winston-Salem, NC 27103

Listing Price: Request For Offer

Number of Units
143
Occupancy
92.0%
Gross SF
137,800

Investment Overview

The Winston-Salem Portfolio represents three apartment communities in the immediate vicinity of downtown, and several of the area’s largest economic generators. Ownership has invested approximately $850,000 since acquisition in 2018. Investments were made to stabilize cash flow, and allow he properties to compete with the very competitive Winston Salem market. There is still available room to meet the market, through pushing rents. The 143 units in the portfolio exclusively feature a two-bedroom layout. All three properties are postured to be strong long-term performers for any investor’s portfolio.

Investment Highlights

  • Ownership has invested approximately $850,000 of improvements into the portfolio.
  • Located in a very competitive market.
  • Opportunity to increase rents to market rate.

Exclusively Listed By

Multifamily

Ardmore, Reynolds & Heather South

Listing Price: Request For Offer

Number of Units
143
Occupancy
92.0%
Gross SF
137,800

Investment Highlights

  • Ownership has invested approximately $850,000 of improvements into the portfolio.
  • Located in a very competitive market.
  • Opportunity to increase rents to market rate.

Investment Overview

The Winston-Salem Portfolio represents three apartment communities in the immediate vicinity of downtown, and several of the area’s largest economic generators. Ownership has invested approximately $850,000 since acquisition in 2018. Investments were made to stabilize cash flow, and allow he properties to compete with the very competitive Winston Salem market. There is still available room to meet the market, through pushing rents. The 143 units in the portfolio exclusively feature a two-bedroom layout. All three properties are postured to be strong long-term performers for any investor’s portfolio.

Exclusively Listed By

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