About The Madison & Southgate
The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of The Madison (216 units) and Southgate (429 Units) - a two-property portfolio in the affluent community of south Greenville, NC. Built in 1992/1997, and renovated in 2014/2015, The Madison offers an outstanding opportunity to invest in a quality asset at an attractive basis with organic rent and ancillary income growth potential. Completed in 1978/1987 and also renovated in 2014/2015, Southgate provides the chance to acquire a property with proven value-add upside bolstered by $4 million of recent capital improvements. A strong demographic base, proximity to Greenville’s major economic centers, and a diminishing supply pipeline ideally positions the assets in a market with favorable fundamentals to drive long-term growth potential.