Summerlin Ridge

About Summerlin Ridge

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 120-unit Summerlin Ridge apartment community located in Winston-Salem, NC. This asset is situated in the rapidly expanding South Winston-Salem submarket, which is ranked #1 among all Triad submarkets in occupancy and quarterly rent growth as of Q1 2023. Built in 2004, Summerlin Ridge offers an outstanding opportunity to invest in a high quality asset with significant growth potential. With much of the heavy lifting done on unit renovations, incoming ownership can focus on loss-to-lease burn-off, increasing rents in line with market comparables, and capturing low-hanging-fruit other income opportunities to increase NOI by over 20%.