919-789-4255
3300 N Elm St, Greensboro, NC for Sale
Apartments - FOR SALE
1/15
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3300 N Elm St
Greensboro, NC 27405
Spicewood


HIGHLIGHTS

  • 36-unit multifamily community with ~$500K in recent capital expenditures.
  • Positioned within Greensboro’s core, offering unrivaled connectivity via I-840 Urban Loop.
  • Strong local economy anchored by major employers, universities, and healthcare networks.
  • Surrounded by premier retail, dining, and lifestyle amenities supporting renter retention.
  • Clear upside through both operational enhancements and targeted renovation program.

OVERVIEW

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to exclusively present Cambridge Apartments on Elm, a 36-unit multifamily community located in Greensboro, North Carolina. As current ownership has invested ~$500k of capital expenditures into the asset, the property presents new investors with a compelling opportunity to acquire a quality asset with meaningful revenue upside through both organic rent growth and a targeted value-add strategy supported by strong household incomes, sustained renter demand, and a supply-constrained market. Ideally positioned at the nexus of the city’s most sought-after retail, dining, and entertainment destinations, Cambridge Apartments on Elm offers seamless connectivity to the broader MSA via the recently completed I-840 Urban Loop providing residents with direct access to the region’s top employers. Greensboro’s central position within the Triad places residents within minutes of major employers, premier healthcare systems, and leading universities reinforcing the markets strong and diverse renter demand.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

36

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cambridge Apartments on Elm

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,475 SF

ZONING

RM-18

APN/PARCEL ID

0044873

ASK ABOUT THIS PROPERTY

Bo McHughCushman & WakefieldMore Info
919-789-4255

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Bo McHughCushman & WakefieldMore Info
919-789-4255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.