About
About Winston-Salem Value-Add 3 Portfolio
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Village at Heather Hills (68 units), The Village at Ardmore Landing (45 units), and The Village at Reynolds Townhomes (30 units) apartment communities located in Winston-Salem, NC. Built between 1964-1983, the three properties offer an outstanding opportunity to invest in assets with substantial growth potential in the rapidly expanding Winston-Salem market. The properties are within a short drive of Winston-Salem’s premier shopping and dining destinations, including the 1.4M SF Hanes Mall and the Stratford Road retail corridor. Employment growth in the manufacturing, health care, and education industries has boosted market fundamentals, evidenced by 95%+ projected occupancy through 2029. Through the completion of the value-add initiative and additional other income opportunities, incoming investors can increase annual revenue by 50%+.