Village 1373

Posted: 9/29/2020
332 Units
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Under Contract
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Village 1373
Under Contract
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Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373
Under Contract
Slideshow Image
Village 1373

About

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%.

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