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Hunt Club

Posted: 9/11/2019
128 Units
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Hunt Club

About

About Hunt Club

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 128-unit Hunt Club apartment community located in Winston-Salem, North Carolina. This asset is situated in the rapidly-expanding Piedmont Triad, which saw market leading rent growth for the Southeast in the second quarter of 2019. The thriving economy of Winston-Salem has seen over $800M in funding for the Wake Forest Innovation Quarter while witnessing an influx of new residents seeking exciting opportunities in the tech and science fields. As a result, the immediate 3-mile radius around Hunt Club boasts extremely attractive demographics with the population consisting of 48% renters that bring home an average household income of over $86,000. Built in 1985, Hunt Club represents an outstanding opportunity to see a 50% NOI boost through the implementation of a market supported, interior value-add program that would command rental premiums of up to $150.