Daily limit: 0/10
William Green Of Ginkgo Residential Acquires 483 Unit Greensboro Multifamily For $38.75M
SOLD
$38,750,000
North Carolina
See Similar DealsMultiFamily
Sold 06/05/2026
SOLD
William Green Of Ginkgo Residential Acquires 483 Unit Greensboro Multifamily For $38.75M
5509 Weslo Willow Circle
See Similar DealsMultiFamily
Sold 06/05/2026
Summary
NORTH CAROLINA
Asset Type:MultiFamily
Transaction Type:Sale
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.
Players
Details
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
Contact
Get in touch with the broker you want
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,066,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$137,670.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$183,694.77
Annual Debt Service$2,204,337.23
Is there something missing? Send suggestions