facebook
Traded Co logo
Submit
Daily limit: 0/10

The Bedrin Organization Acquires Terrace Oaks Apartment Complex In Greensboro For $16.3M

Property Image
SOLD
$16,300,000

North Carolina

See Similar Deals
MultiFamily
Sold 02/23/2026
the dealdetailscomps
Property Image
SOLD

The Bedrin Organization Acquires Terrace Oaks Apartment Complex In Greensboro For $16.3M

3803 Cotswold Avenue

See Similar Deals
MultiFamily
Sold 02/23/2026

Summary

NORTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Sale

The 120-unit Terrace Oaks apartment complex, located at 3803 Cotswold Avenue in Greensboro, NC, was sold for $16.3 million. The price per unit is recorded at $135,833.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $16,300,000
  • Buyer: The Bedrin Organization
  • Seller: Featherstone Partners
  • Units: 120

The transaction involved The Bedrin Organization acquiring the property from Featherstone Partners and M Group LLC, which strengthens their presence in the multifamily sector within the Triad.

Players

SELLER

Details

SOLD
IMAGE: 02/23/2026 ADDRESS: 3803 Cotswold Avenue MARKET: Greensboro, NC ASSET TYPE: Multifamily BUYER: The Bedrin Organization SELLER: Featherstone Partners SALE PRICE: $16,300,000 UNITS: 120 ~ PPU: $135,833 NOTE: The Bedrin Organization acquired the 120-unit Terrace Oaks apartment complex in Greensboro for $16.3 million from Featherstone Partners and M Group LLC, expanding its multifamily footprint in the Triad.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$869,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$57,910.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$77,270.32
Annual Debt Service$927,243.79