GLENSIDE WOODS is an asset of 56 units purchased for $1,125,000 in Greensboro, North Carolina in 2014. It sits on 4.5 acres, with an excellent mix of three bedroom townhomes and condos. The occupancy at purchase was just short of 50%. The condition and income was reflected in the price. 250,000 was spent on renovations. The building is currently over 90% occupancy and the equity position is now substantial, based on the current value of $2.2- $2.4million.
