Slideshow Image

The Avenue

Posted: 3/8/2022
503 Units
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

Photos

Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue
Slideshow Image
The Avenue

About

About The Avenue

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Avenue, a 503-unit apartment community located in West Greensboro, North Carolina. With over 21% effective rent growth in 2021, the West Greensboro submarket is ranked #1 for annual effective rent growth, making it an extremely attractive area to invest. The immediate 2.5 mile radius around the asset has dozens of high end stores, restaurants, and entertainment options. Within 1 mile of The Avenue is I-840, which allows for easy connectivity to the plethora of employment drivers that the Triad has to offer. Cone Health, Toyota, Publix, Boom Supersonic, and Amazon have plans to expand in area, contributing to the major economic expansion that the Triad is currently experiencing. Built in 1972, The Avenue represents an outstanding opportunity to complete a proven, in place-value add program and boost NOI by 33%.

Documents