Hillside Garden

1393 Chestnut Plains Court, Winston-Salem NC 27105

$ 1,925,000

Hillside Garden

1393 Chestnut Plains Court, Winston-Salem NC 27105
Asset Type
Garden Apartments
Price
$ 1,925,000
Per Unit
$ 80,208
Total Units
24
Year Built
1990
Market
Piedmont Triad
Status
Draft

Highlights

7.4% CAP RATE on Trailing 3 Annualized Income with Proforma Expenses
Turnkey, recently renovated 24-unit multifamily with outstanding curb appeal and walking distance to downtown Winston-Salem, NC
New roofs on all buildings, enhanced landscaping and parking lot improvements, updated leasing office and laundry facility
Recent upgrades to all units include new LVP flooring, modern paint schemes, LED lighting package, appliances and more
Located on the cusp of major future development, less than 1 mile from The Innovation Quarter, an existing $841M public-private investment with 2.1M SF of mixed-use space

Photos

Financials

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Location

Contact

TeamMembers-WayneBraren-Color-340x340

Wayne Braren

919-861-9730
Wayne@ApartmentCore.com
TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730
Mike@ApartmentCore.com
TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

919-861-9730
Eric@ApartmentCore.com

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