Terrace at Olde Battleground & Terrace Oaks

About Terrace at Olde Battleground & Terrace Oaks

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Terrace at Olde Battleground and Terrace Oaks, a 276-unit portfolio. The adjacent apartment communities are located in a desirable pocket of the West Greensboro submarket. Ideally situated on Cotswold Avenue, the assets are less than a half mile from Battleground Avenue and the I-840 Loop. Both thoroughfares allow for easy connectivity to the many retail options and employment drivers in Greensboro, including PTI Airport, Battleground Avenue Retail, and Cone Health hospitals. The I-840 loop extension project has been recently completed, allowing more streamlined access to the Triad. Built in 1994 and 1986, Terrace at Olde Battleground and Terrace Oaks represent an outstanding opportunity to invest in a submarket characterized by 21% rent growth since 2021 and sustained above-average occupancy. By completing the proven renovation program at the properties, where renovated units are achieving $100+ premiums over classic units, incoming investors can increase annual revenue by 41%+.