Triad Value-Add Portfolio

Posted: 10/24/2019
536 Units
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Under Contract
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Under Contract
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The Residences at 1805
Under Contract
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The Residences at 1805
Under Contract
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The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
Slideshow Image
The Residences at 1805
Under Contract
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The Residences at Diamond Ridge
Under Contract
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The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge
Under Contract
Slideshow Image
The Residences at Diamond Ridge

About

About Triad Value-Add Portfolio

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Residences at Diamond Ridge (336 units) and The Residences at 1805 (200 units) apartment communities located in the thriving Piedmont Triad, which ranked 4th in the nation for non-major market rent growth in the second quarter of 2019. Both properties enjoy excellent proximity to the largest employment hubs across the Triad, as The Residences at Diamond Ridge is bordering downtown Winston-Salem (27,000+ jobs), and The Residences at 1805 is only a short drive from the Piedmont Triad International Airport area (26,000+ jobs) in Greensboro. After receiving a combined capital infusion of nearly $2 million over the past 18 months, both assets are primed to complete targeted interior value-add programs that would see rental premiums of $100-150, resulting in an annual NOI boost of up to 86%.

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