Marcus & Millichap is pleased to present Colony Pointe Apartments, a 36-unit multifamily community comprised entirely of two-bedroom floor plans. Built in 1973, the property caters to Greensboro’s strong base of workforce renters seeking affordability, functionality, and convenient access to major employment corridors. The consistent two-bedroom layout promotes operational efficiency, broad tenant appeal, and stable cash flow.
Colony Pointe benefits from Greensboro’s diverse economic base, supported by key sectors including healthcare, education, manufacturing, and logistics. Situated within the Piedmont Triad with access to major transportation corridors, the area continues to experience steady demand for attainable housing, reinforcing long-term investment fundamentals.
The property also offers meaningful value-add potential through interior upgrades. Select renovations present the opportunity to achieve rental premiums while maintaining affordability. The uniform floor plan allows for an efficient and scalable renovation program, enhancing both returns and overall asset value.