Madison Woods Apartments in Greensboro Sold to Atlanta Investors

The Triad Business Journal has the story:

An Atlanta-based real estate investment firm and operating company purchased the 180-unit Madison Park (Correction: per an email from BIP, it was actually Madison Woods that was sold, not Madison Park) apartment complex in Greensboro for $7 million.

QR Capital closed on the purchase on Sept. 3 using an entity named Madison Greensboro LLC, according to Guilford County property records…

The properties were built between 1968 and 1973 and renovated in 2006 and 2007.

The complex is located near the Quaker Village Shopping Center, which is undergoing a $6 million redevelopment, and the Guilford College campus.