Oasis Portfolio - 200 Units in Wilmington, NC

For Sale

206 Cedar Branch Lane Wilmington, NC, Wilmington, NC 28403

This Wilmington property for sale is located at 206 Cedar Branch Lane Wilmington, NC. Contact the listing broker for details on the current sale price for Oasis Portfolio - 200 Units in Wilmington, NC.

Contacts

broker

Michael Deaton

broker

T Furlow

broker

Andrew Smith

GREA

Property Details

Deaton GREA is pleased to present, as the exclusive listing broker for the seller, Oasis at Cedar Branch and Oasis at Twinwood, a 200-unit portfolio in the rapidly growing market of Wilmington, NC. The portfolio features two properties located within 1.5 miles of each other, providing for economies of scale and streamlined management. The properties benefit from excellent locations, large floorplans with bed-bath parity, and a combined $2.1 million in recent capital improvements including interior renovations, amenity upgrades, and water submeter installation. Both assets were converted from by-the-bed, student leases to market rate operations over the last eighteen months.

Built in 2013, Oasis at Cedar Branch features 104 units located at 205 Cedar Branch Lane. The property has a mix of 48, two-bedroom and two-bathroom units of 1,000 SF and 56, three-bedroom and three-bathroom, town home-style units of 1,480 SF. Oasis at Twinwood, located at 4013 Wilshire Boulevard, was completed in 2011 and features 96 units. The garden-style units at Twinwood are a mix of 48, two-bedroom and two-bathroom units of 1,000 SF and 48, three-bedroom and three-bathroom units of 1,200 SF.

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Attachments

Getting around

  • 40/100

    Walk Score ®

  • 31/100

    Transit Score ®

  • 52/100

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Location

  • City Wilmington, NC
  • Neighborhood New Center
  • Zip Code 28403
  • Market Wilmington

Points of Interest

  • Exxon

    0.57 miles

  • Sam's Club

    0.57 miles

  • BP

    0.70 miles

  • Murphy USA

    0.84 miles

  • Costco Gasoline

    1.18 miles

  • Go Gas

    1.45 miles

  • Shell

    1.71 miles

  • Valero

    1.74 miles

  • Exxon

    1.95 miles

  • Shell

    2.16 miles

  • Lot C

    0.76 miles

  • Lot B

    0.79 miles

  • Lot F (Visitor Parking)

    0.85 miles

  • Lot D

    0.86 miles

  • Lot A

    0.90 miles

  • Lot K

    0.92 miles

  • Lot M

    0.93 miles

  • Lot G

    0.96 miles

  • Lot N

    1.02 miles

  • Lot H

    1.03 miles

  • Quality Inn Wilmington

    0.53 miles

  • Staybridge Suites Wilmington East

    0.57 miles

  • Travel Inn

    0.58 miles

  • Budgetel Inn - Wilmington

    0.60 miles

  • Motel 6 Wilmington, NC - Market Street

    0.60 miles

  • Holiday Inn Wilmington

    0.61 miles

  • Days Inn By Wyndham Wilmington / University

    0.62 miles

  • Ameristay Inn Wilmington

    0.62 miles

  • Red Carpet Inn Wilmington

    0.62 miles

  • Comfort Suites

    0.66 miles

  • Food Lion

    0.41 miles

  • Ross

    0.57 miles

  • Walmart Supercenter

    0.84 miles

  • TJ Maxx

    0.88 miles

  • Target

    0.97 miles

  • Harris Teeter

    1.08 miles

  • Trader Joe's

    1.72 miles

  • Whole Foods Market

    1.73 miles

  • Independence Mall

    1.95 miles

  • Food Lion

    2.17 miles

In-Depth Research Available for this Property

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Contact Oasis Portfolio - 200 Units in Wilmington, NC