Northmarq is pleased to present the exclusive offering of Sterling Pointe, a 16-unit multifamily asset centrally located in Winston-Salem, NC. The
property consists of 12 fully renovated units and 4 partially renovated units, positioning new ownership to capitalize on both organic rent growth and a light
value-add opportunity. With the 2 BR market average at $1,323 and top competitor at $1,395, there is a clear path for new ownership to command $310+
rent premiums above current in-place rents, with minimal capital required to unlock full potential.
Situated in the heart of Winston-Salem, Sterling Pointe offers direct access to over 167K jobs and sits just minutes from major employment drivers, including
Innovation Quarter and the recently announced JetZero facility. The property also qualifies for full property tax exemption through North Carolina’s affordable
housing program, a rare advantage, with in-place rents already meeting program thresholds. This unique combination of income upside, tax efficiency, and
proximity to transformational development makes Sterling Pointe a compelling opportunity to invest in one of the Triad’s most dynamic and evolving submarkets.