www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23309503
23309524

18 Locations

AK
FLBO
Adam Kohler
Listed by Adam Kohler
$3,700,000
388 days on market
Updated 66 days ago

Greensboro Rental portfolio

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 15,755
Net Rentable (SqFt) 15,755
Units 18
Cap Rate 5.00%
Buildings 18
Sale Condition For sale by owner

Multifamily | 5.00% CAP | 18 Units

Marketing description

Discover an exceptional investment opportunity with this portfolio of 18 well-maintained homes in the rapidly growing Greensboro and Burlington, North Carolina markets. This diverse collection features (6) 3-bedroom, 1-bath homes and (12) 2-bedroom, 1-bath residences, catering to a wide range of tenant preferences. Several properties are strategically located near the University of North Carolina at Greensboro (UNCG) and the Piedmont Triad International Airport, enhancing their appeal to students, faculty, university staff, and professionals drawn to the area by JetZero’s transformative $4.7 billion factory announcement.

Each property has been meticulously cared for, with most homes recently renovated to ensure modern appeal and functionality. Rents are strategically positioned at approximately 10% below market rates, offering attractive value to tenants while providing significant upside potential for investors looking to capitalize on rising demand driven by JetZero’s creation of 14,564 high-paying jobs (average wage of $89,340) at its new aerospace manufacturing facility in Greensboro. This influx of workers is expected to boost housing demand, particularly in neighborhoods near the airport, potentially driving home prices up 5-10% annually in the short term and increasing rental rates, making this portfolio a prime opportunity for growth.

Located in thriving communities with surging rental demand, this portfolio presents a turnkey solution for seasoned investors or those entering the real estate market. The JetZero project, supported by up to $1.157 billion in state incentives and $784.7 million in local incentives, underscores Greensboro’s emergence as an aerospace hub, complementing existing employers like Labcorp and Honda Aero in Burlington, and a robust tech and education sector anchored by NC A&T State University and UNCG. Don’t miss your chance to acquire a stabilized, income-generating asset in one of North Carolina’s most promising regions, poised for significant economic and population growth.

Both cities benefit from strategic access along the I-40/I-85 corridor, connecting residents to major hubs like Raleigh, Durham, and Charlotte, while fostering a strong rental market. With a combined metro population nearing 800,000, the area offers a dynamic lifestyle with over 100 miles of trails, a burgeoning craft brewery scene, and family-friendly destinations like the Greensboro Science Center. The JetZero announcement is expected to accelerate in-migration, further tightening the housing market and enhancing the value of this portfolio as Greensboro solidifies its position as a key player in the Carolina Core’s economic boom.

Investment highlights

18 Single family Houses

(6) 3 BR 1 Bath

(11) 2 BR 1 Bath

Weill Maintained

Under market rents

Value growth rates trending at 4%

Several long term tenants

Strict credit requirements

ALL OFFERS CONSIDERED

Listing Contacts

AK
FLBO
Adam Kohler
Listed by Adam Kohler

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591