Cottage Garden Apartment

Description

Cottage Garden Apartments is a 178-unit multifamily community located in Greensboro, North Carolina, offering a well-positioned asset within a stable and accessible residential submarket. The property consists primarily of two-bedroom, one-bath units with practical layouts designed for functional living. Recent renovations and interior updates enhance tenant appeal, while features such as washer and dryer hookups support convenience and long-term occupancy. The unit mix and configuration contribute to efficient operations and broad renter demand. Community amenities include outdoor recreational space and convenient access to public transportation, with the property situated along a bus route. Its proximity to grocery stores, retail, and essential services further strengthens its positioning within the local market. Cottage Garden Apartments represents a large-scale multifamily asset with strong occupancy potential, operational efficiency, and long-term value in a growing regional market.

Details

Portfolio Type:

Multifamily

Location:

Greensboro, NC

Purchase Price:

$13.5M

Renovation Budget:

IRR:

Equity Multiple (EMX):

Hold Period:

3 years

Refinance Goal:

Summer 2026

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Title Price Status Type Area Purpose Bedrooms Bathrooms