About Village 1373
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 332-unit Village 1373 apartment community located in Greensboro, NC. This asset is firmly situated in a top performing submarket of the Triad with strong fundamentals and outstanding demographics, outpacing the broader metro on nearly all indicators. As submarket household incomes approach $90K+ paired with a muted delivery pipeline, the market indicates support for higher-end finishes as Greensboro shifts its focus to target a white-collar workforce through educational attainment. Built in 1987/1996, Village 1373 has received $1.6M in capital improvements since 2018 and offers new ownership the ability to complete a value-add program to generate an additional $368K in annual income and boost NOI by 26%.