2200 Midtown

2200 Midtown

Greensboro, NC
Available
  • Property Type: Apartments
  • Year Built : 1965
  • Property Size: 49,053 SF / 66 Units

Overview

Capstone Apartment Partners is pleased to present 2200 Midtown: a 66-unit, 1965 vintage apartment community in Greensboro, North Carolina. The asset benefits from a proven value-add program, providing an excellent foundation for new ownership to finish the value-add program and achieve significant rent premiums. The property is conveniently located just outside the heart of downtown Greensboro, offering residents convenient access to multiple economic demand drivers, Class A retail, and an abundance of employment opportunities. Additionally, Greensboro has seen an impressive year over year rent growth of 15%+, as well as positive multi-family fundamentals, positioning the property for excellent growth for years to come. With the opportunity for significant premiums through the continuation of the value-add program, positive multi-family fundamentals, and an excellent location in Greensboro, 2200 Midtown offers investors a premier investment opportunity in the Greensboro market.

Investment Highlights

Completing the Proven Value-Add Program

Other Income Potential to Boost NOI

Strong Market Fundamentals for Multi-Family Housing

Proximity to Class A Retail

Contact Information

Ron Corrao Director P: 757.749.6994
O: 800.746.3175 ext. 712
ron@capstone-companies.com
Caleb Troop Director P: 314.607.3481
O: 800.746.3175 ext. 725
caleb@capstone-companies.com
Rhodes Marley Investment Sales Advisor P: 704.840.5927
O: 800.746.3175 ext. 736
rhodes@capstone-companies.com
Travis Cundiff Investment Sales Advisor P: 919.601.3119
O: 800.746.3175 ext. 792
tcundiff@capstone-companies.com
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