Magnolia Trace & Paladin

Posted: 4/13/2021
154 Units
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin
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Magnolia Trace and Paladin

About

About Magnolia Trace & Paladin

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 1994-built, 110-unit Paladin apartment community and the 1993/1995-built, 44-unit Magnolia Trace, located in growing Greenville, NC. The properties are strategically situated in the path of growth, located within a mile of the ECU College of Nursing, ECU Brody School of Medicine, College of Allied Health Sciences, and Pitt County’s top employer, Vidant Medical Center. Each property offers an untapped value-add opportunity across all units for NOI boosts through a multi-pronged interior upgrade initiative with additional Other Income revenue streams. Greenville’s infrastructure will continue to urbanize as it shifts from an agricultural/manufacturing hub to Medical expertise & white collar workforce, while government employment provides an economic anchor during this generational transition. With no new deliveries scheduled in the area, Paladin and Magnolia Trace are poised to for strong performance with a stout location and sound market fundamentals for years to come.