The Village of Nantucket
Greensboro, NC 27407
An Acton Dolores Community
16.79
GRM
87,556
Land SF
30
Number of Units
1989
Year Built
39,429
Building SF
RM-18
Zoning Type
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16.79
GRM
87,556
Land SF
30
Number of Units
1989
Year Built
39,429
Building SF
RM-18
Zoning Type
Executive Summary
This 30-unit multi-family community offers a blend of townhomes and bungalows, strategically located in Greensboro, North Carolina, a growing city with a strong economy and demand for quality rental housing. The property consists of 19 townhomes and 11 bungalows, each with modern amenities, spacious layouts, and attractive designs. The development is ideal for tenants seeking comfort and community living.
Greensboro is a hub for education, healthcare, and manufacturing, with steady population growth, driving demand for rental properties. The community is located near schools, parks, retail centers, and major highways, enhancing tenant appeal. With a low vacancy rate and increasing rental prices in the region, the property is positioned to provide consistent rental income and strong long-term appreciation. A combination of townhomes and bungalows offers flexible leasing options and caters to different tenant profiles, ensuring a broad market appeal.
This is a buy-and-hold opportunity with potential for both rental income and appreciation. With professional property management and potential for rent increases, investors can expect steady cash flow and long-term value growth. Renovation or enhancement of amenities could further increase property value and rental rates. --- This multi-family community represents a stable and lucrative investment opportunity in a growing market, providing a balanced blend of cash flow and appreciation potential.
Greensboro's real estate market continues to exhibit strong fundamentals, with job growth and a high quality of life attracting new residents. The multi-family sector, in particular, benefits from this demand, and this property is positioned to capitalize on these trends.
Location Summary
The Village of Nantucket is situated in a highly desirable and well-connected area of Greensboro, North Carolina, offering residents a balance of suburban comfort and urban convenience. Greensboro is the third-largest city in the state, known for its rich history, vibrant economy, and diverse cultural attractions.
The property is within a short distance of top-rated public and private schools, making it an attractive option for families. Greensboro is known for its excellent educational institutions, including nearby colleges and universities like the University of North Carolina at Greensboro (UNCG) and North Carolina A&T State University.
The Village of Nantucket offers easy access to major highways like I-40, I-85, and US-29, connecting residents to nearby cities such as Winston-Salem, Durham, and Raleigh. The location is serviced by Greensboro’s public transportation system, GTA (Greensboro Transit Authority), making commuting to different parts of the city convenient.
Located just 15 minutes away from the Piedmont Triad International Airport, this makes travel for business or leisure highly accessible
Greensboro boasts a thriving job market, driven by key industries such as education, healthcare, manufacturing, and logistics. Major employers in the area include Cone Health, Honda Aircraft Company, and VF Corporation, making this an attractive location for professionals and workers.
Greensboro, North Carolina, is home to several notable colleges and universities: University of North Carolina at Greensboro (UNCG): A major public research university offering a wide range of undergraduate and graduate programs, known for its strong emphasis on the arts, education, and health sciences. North Carolina A&T State University (NC A&T): One of the largest historically Black universities in the U.S., NC A&T is known for its engineering, agriculture, and business programs, along with a vibrant campus life. Guilford College:
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hello@simplybrokerage.com
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