NC Multifamily Investments for Sale
Heather South Apartments and a Winston-Salem Portfolio will be auctioned through RealINSIGHT Marketplace, an online commercial real estate platform, on April 11th.
This April, Heather South Apartments and a multifamily portfolio of Ardmore Landing and Reynolds Townhomes will be auctioned through the online commercial real estate platform, RealINSIGHT Marketplace.
Both offerings are presented by Capstone Apartment Partners and RealINSIGHT Marketplace.
Offering #1:
About the Heather South Apartments:
- Multifamily Type: Garden-Style
- Number of Units: 67
- Number of Buildings: 8
- Number of Floors: 2
- Land Area: 7.23 Acres
- Occupancy: 89.71%
Built in 1983, the property has been exceptionally well-maintained and demonstrates favorable operational momentum in the trailing months. Drafting off this positive trend, the asset offers new ownership significant income upside from minor operational improvements and a market-proven unit interior renovation program.
About the Location:
The Property is located in close proximity to an abundance of local area employers and Class A retail in Winston-Salem, North Carolina.
Investment Highlights:
- Well-Positioned Asset Poised for Value-Add Program
- $360k+ of Capital Projects Completed Since 2017
- Organic Rent Growth through Proactive Management
The Auction will be held on RealINSIGHT Marketplace on Tuesday, April 9th – Thursday, April 11th.
Financing will be available for this property. Learn more.
For more information, please visit the Heather South Apartments on RealINSIGHT Marketplace.
Offering #2:
About the Winston-Salem Multifamily Portfolio
- Two Garden-Style Apartment Complexes Included
- Ardmore Landing
- 45 Units
- 67% Occupied
- 22 Acres
- 5 Buildings
- Reynolds Townhomes
- 30 Units
- 67% Occupied
- 70 Acres
- 3 Buildings
- Ardmore Landing
Built in the 1960s, each property features low maintenance brick exteriors, have been exceptionally well-maintained, and demonstrate favorable operational momentum in the trailing months. Drafting off this positive trend, each asset offers significant income upside. Through minor operational improvements, a market-proven unit interior renovation program, and driving tenant demand, new ownership is positioned to bridge the considerable rental rate gap to align more closely with market competitors.
About the Location:
- Walking Distance to Forsyth Community College
Both assets are located near an abundance of employment opportunities and Class A retail in Winston-Salem, North Carolina.
Investment Highlights:
- Well-Positioned Assets Poised for Value-Add Program
- $400k+ of Capital Projects Completed Since 2017
- Organic Rent Growth through Proactive Management
- Desirable Townhome Style Units with Water/Sewer Bill-Back Potential
The Auction will be held on RealINSIGHT Marketplace on Tuesday, April 9th – Thursday, April 11th.
Financing will be available for this property. Learn more.
For more information, please visit the Winston-Salem Multifamily Portfolio on RealINSIGHT Marketplace.
About RealINSIGHT Marketplace:
RealINSIGHT Marketplace is the preeminent platform for CRE transactions, bringing Buyers, Sellers, and Brokers together to efficiently list, market, and close deals. Marketplace allows local, regional, national, and international investors the opportunity to easily review and bid on commercial real estate assets throughout the country. The sales platform is managed by a dedicated team of commercial real estate experts with over $11B in online real estate sales. RealINSIGHT Marketplace has completed over 1.65 B transacted since its inception in early 2017.
