Skip to main content

Multifamily

Boulevard West Apartments

3224 Frontgate Dr, Greenville, NC 27834

Listing Price: Request For Offer

Number of Units
239
Gross SF
167,100

Investment Overview

Marcus & Millichap is pleased to present to qualified investors Boulevard West Apartments in Greenville, NC. Comprised of 239 units constructed from 1991-1993, the property offers investors a centrally-located asset convenient to downtown Greenville, East Carolina University, and surrounding economic generators. In addition to its strong location, the property provides an opportunity to increase rents to submarket levels and implement a strategic upgrade program to modernize and update unit interiors. Additional upside opportunity exists through leveraging the property’s park-like setting to add community amenities and other features to enhance resident retention. As Greenville’s downtown continues its revitalization and the University continues to expand, the property’s close proximity to the CBD and the area’s top economic generators puts it in a prime position to attract and capitalize on renter demand in a rapidly growing eastern North Carolina market.

Investment Highlights

  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.
  • Upside Opportunity through Programmatic Interior Upgrades.
  • Strong Submarket Growth with Historically High Occupancies.

Exclusively Listed By

Multifamily

Boulevard West Apartments

Listing Price: Request For Offer

Number of Units
239
Gross SF
167,100

Investment Highlights

  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.
  • Upside Opportunity through Programmatic Interior Upgrades.
  • Strong Submarket Growth with Historically High Occupancies.

Investment Overview

Marcus & Millichap is pleased to present to qualified investors Boulevard West Apartments in Greenville, NC. Comprised of 239 units constructed from 1991-1993, the property offers investors a centrally-located asset convenient to downtown Greenville, East Carolina University, and surrounding economic generators. In addition to its strong location, the property provides an opportunity to increase rents to submarket levels and implement a strategic upgrade program to modernize and update unit interiors. Additional upside opportunity exists through leveraging the property’s park-like setting to add community amenities and other features to enhance resident retention. As Greenville’s downtown continues its revitalization and the University continues to expand, the property’s close proximity to the CBD and the area’s top economic generators puts it in a prime position to attract and capitalize on renter demand in a rapidly growing eastern North Carolina market.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower