Hawk Ridge & Oak Pointe

About Hawk Ridge & Oak Pointe

OMs AVAILABLE SOON

The Cushman & Wakefield Multifamily Advisory Group is pleased to present the exclusive listing of Hawk Ridge, 168 units in Winston-Salem, NC, and Oak Pointe Apartments, 100 units in Burlington, NC.

Hawk Ridge is located in the South Winston-Salem submarket, the #1 ranked submarket in the Triad for current and forecasted occupancy at a sustained 96%+. Hawk Ridge is just minutes from major retail destinations, including Chick-fil-A, First Watch, Panera, ALDI, Lowe’s Foods and Krispy Kreme. The property’s nearby access to I-40 provides streamlined access to the Triad’s largest employers, including the massive Volvo HQ and new $5.9B+ Toyota Megasite. By completing the unit renovation program, where renovated units are achieving $96+ premiums at Hawk Ridge, incoming investors can increase annual revenue at each property by 20%+.

Oak Pointe is located in the Burlington submarket, which ranks #1 among Triad submarkets in average rent of $1,310 and quarterly occupancy growth. The property’s nearby access to I-40 provides streamlined access to major employers in both the Triad and Raleigh-Durham. Under 10 minutes from Oak Pointe is a multitude of shopping and dining options, including ALDI, Mellow Mushroom, Belk, Olive Garden, and Target. Alamance County’s largest employers include Duke Health, LabCorp’s corporate headquarters, and Honda. By completing the unit renovation initiative at Oak Pointe, increasing rental revenue in line with market comparables, incoming investors can increase annual revenue by 22%+.