Four Seasons Townhomes (the “Asset” or “Property”) is a 1970 vintage townhome product consisting of 90 two bed, one and a half bath units. The asset is well positioned in the high growth Greensboro market with strong nearby retail and close proximity to the broader market with less than a 10 minute drive to Downtown Greensboro and UNCG.

The opportunity has been owned and operated by the original developer for the entirety of its lifespan providing one vision and strong consistent renovations. The Asset offers investors the ability to quickly add value by installing water submeters. With the water bill north of $1,400 per unit, investors will recoup nearly the entirety of the capital spent for installation in Year 1.

The Asset is strategically located behind the Four Seasons Town Center, in the up and coming neighborhood of Rolling Hills in Greensboro, NC. Greensboro provides strong growth metrics and has major corporate announcements that will be coming to fruition in the next few years bringing strong job opportunities to the market. The surrounding demographic of Four Seasons Townhomes is largely a younger population, providing strong upside as these residents rise through the ranks and see increases to their income. Over the last 14 years median household income in the area has risen by more than 40%.

Four Seasons Townhomes presents investors with a well located asset in a high growth market that provides simple and strong upside. The Asset has been well kept by the original developer and stands out as some of the only townhome product in the neighborhood.