APG Advisors’ Bo McHugh recently represented the seller of Pinecroft Place apartment homes.
Pinecroft Place is conveniently located approximately 5 miles southwest of downtown Greensboro, just off Fordham Blvd at 1606 Pinecroft Road.
The community was originally built in 1974 and underwent a full renovation in 2016 and 2021. It contains 224 one and two bedroom units, with an average of 744 square feet across 22 buildings.
The on-site amenities of the apartment homes include laundry facilities and a fitness center.
The property was at 98% occupancy at the time of sale.
For information on APG Advisor’s various commercial real estate services or to take a look at the North Carolina commercial real estate we have available, please contact our team today.