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Woods Edge

Posted: 5/31/2017
120 Units
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Woods Edge

About

About Woods Edge

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Woods Edge, a niche 120-unit, 1986-built garden apartment community in an affluent south Asheville, NC neighborhood. Located less than two (2) miles from the famed Biltmore Estate, Woods Edge is prominently situated within close proximity to Asheville’s premier retail destinations including the Historic Biltmore Village and the 750-acre Biltmore Park Town Square. With recent targeted capital improvements completed and a proven value-add program with 53% of the units remaining (64 units), Woods Edge offers significant upside for the next owner. The 56 renovated units are obtaining average rent premiums ranging from $101 to $224 on a $3,900/unit to $5,200/unit renovation scope.