About Lakes Edge
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Lakes Edge, a 160-unit apartment community located in Greensboro, North Carolina. This asset is situated in the rapidly expanding West Greensboro submarket. Built in 1975, Lakes Edge represents an outstanding opportunity to invest in a proven value add opportunity. The 111 units that have already seen renovations are achieving on average $200 premiums over unrenovated units. Lakes Edge has $330 rent headroom to the average of comparable. The property is located just 2 miles from the Urban Loop, a 6-lane freeway carrying Interstates 73, 85, 841, and 421. This interstate will provide critical links to high growth areas around West Greensboro.