William Green Of Ginkgo Residential Acquires 483 Unit Greensboro Multifamily For $38.75M
5509 Weslo Willow Circle
$38,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 5, 2026
AI
Ginkgo Residential acquired a multi-family asset located at 5509 Weslo Willow Circle in Greensboro, NC. The property comprises 483 units, with a price per unit of $80,228, resulting in a total sale price of $38,750,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $38,750,000
- Units: 483
- Buyer: William Green - Ginkgo Residential
- Market: Greensboro, NC
Ginkgo Residential purchased Edgewater Village, signifying an expansion of their portfolio in the Greensboro area, reflecting their strategy in multi-family investments.
Whaley MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93