
Overview
1800 N Elm Street was acquired in 2017—likely below the property's land value. This 18-unit mixed-use asset is ideally situated on a prominent corner lot in the prestigious Irving Park neighborhood, surrounded by million-dollar homes and just steps from the Greensboro Country Club. With exceptional development potential and substantial land value, Nile Equity Group plans to continue operating the building as an apartment complex in the near term while exploring long-term repositioning opportunities.
Highlights
- —18 units
- —Corner lot in Irving Park
- —Adjacent to Greensboro Country Club
- —Significant development potential
Deal Summary
StatusActive
Asset TypeMixed-Use
LocationIrving Park, Greensboro NC
Year Acquired2017
Units18
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