Please Wait ...

Multifamily Portfolio Opportunity in Winston-Salem

Investment Highlights:

  • Well-Positioned Asset 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
  • Walking Distance to Forsyth Community College
  • Located Near Strong Employment Corridor and Two 900+ Bed Hospitals
  • Insulated Completive Environment Leads to Rent Growth

 

Capstone Apartment Partners and RealINSIGHT Marketplace are pleased to present Ardmore Landing and Reynolds Townhomes: a 45-unit garden community and 30-unit townhome community, respectively.  Both assets are located near an abundance of employment opportunities and Class A retail in Winston-Salem, NC. Built in the 1960’s, 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 new ownership significant income upside from minor operational improvements and a market proven unit interior renovation program. Through these operational improvements and driving tenant demand, new ownership is poised to bridge the considerable gap to align more closely with market competitors.

 

 

Benefits include:

· Lender access to property to conduct Lender Inspections & Third Party Reports

· Capital markets knowledge spanning a variety of real estate asset classes and loan programs

· Development of creative financing strategies

· Long established relationships with agencies, CMBS shops, bridge lenders, investment banks, domestic banks, and insurance companies

· Provide clients with the most competitive terms and most reliable executions. You’ll have a team of analysts to assist with filling out due diligence paperwork.

· Call the Debt Placement Broker as soon as possible to learn about other benefits

How do you receive these benefits?

1. Contact the Debt Placement Broker (now)

  1. Complete Finance Pre-Screening (before auction)

3. Complete Debt Placement Agreement (before auction)

4. Complete Bid Registration Process (before auction)

5. Win Auction

6. Fulfill lender checklist

7. Close Loan

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Winston-Salem Multifamily Portfolio

Expired

Portfolio Snapshot

  • Property Size
  • 3.92 Acres
  • Gross Area
  • 63,000 sq ft
  • Floors
  • 2 - 2
  • Buildings
  • 8
  • Occupancy Percent
  • 87 %

Asset Snapshot

2225 Silas Creek Pky, Winston-Salem, NC 27103

  • Asset Type
  • Real Estate
  • Land Area
  • 2.22 Acres
  • Year Built
  • 1964
  • Number of Floors
  • 2
  • Number of Buildings
  • 5
  • Occupancy
  • 86.67%
  • Occupancy as of
  • Feb 01, 2019
  • Multifamily Type
  • Garden
  • Number of Units
  • 45 Units
  • Property Size
  • 36,000 Sq Ft

Asset Snapshot

3844 Wabash Blvd, Winston- Salem, NC 27106

  • Asset Type
  • Real Estate
  • Land Area
  • 1.70 Acres
  • Year Built
  • 1969
  • Number of Floors
  • 2
  • Number of Buildings
  • 3
  • Occupancy
  • 86.67%
  • Occupancy as of
  • Feb 01, 2019
  • Multifamily Type
  • Garden
  • Number of Units
  • 30 Units
  • Property Size
  • 27,000 Sq Ft
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.