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

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.