100-Unit Apartment Community in NW Greensboro Sold for $162,000 per Door

Apartment transactions in the Triad are continuing at a steady pace, the most recent example being a 100-unit community in northwest Greensboro. From the Triad Business Journal:

A luxury apartment community in the Piedmont Triad International Airport submarket has sold for $16.2 million...

Piedmont Place at 5817 Garden Village Court has 100 units with either one or two bedrooms, and garages. Amenities include hardwood floors, granite countertops, a tankless hot water system, garden tubs and a community clubhouse and pool.

The new owner has hired Hawthorne Residential Partners to manage the community, built in 2015.