Blue Ridge Selected to Manage Two Wilmington Communities

By Adelina Osan, Associate Editor

Wilmington, N.C.—High Point, N.C.-based real estate development and management firm Blue Ridge Cos. was recently selected to manage Pleasant Grove Village and Village Green, two multifamily communities in Wilmington.

Village Green

Located in southern Wilmington at 4830 South College Road, Pleasant Grove Village is a community comprised of  79 townhomes featuring two- and three-bedroom floorplans. Monthly rents start at $955 and unit sizes go up to 1,350 square feet.

Located at 820 MacMillan Ave. N., adjacent to the University of North Carolina at Wilmington, Village Green offers 138 one-, two- and three-bedroom residential units. Rental rates start at $640 and go as high as $815. Community amenities at Village Green include: tennis courts, swimming pool, BBQ grills and picnic area, emergency maintenance and an on-side laundry center. The property is located minutes from the beach, the university campus and downtown Wilmington.

“We are excited to expand our management presence in the strong Wilmington, NC market, as both communities will receive a tremendous amount of expert attention as we look for ways to best position these assets and bring them into our comprehensive ‘Positive Impact’ management system,” Tami Fossum, vice president of management services at Blue Ridge said in prepared remarks. “Blue Ridge Companies is very excited about these new additions to our management portfolio.”

Blue Ridge currently manages 1,070 units in Wilmington alone, and over 11,500 residential units across the Southeast.