Contacts
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Michael Deaton
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
T Furlow
![broker]( https://cdn.commercialsearch.com/ILSContent/Images/no_broker_photo_sm.png?width=96)
Andrew Smith
GREA
Property Details
- Property Type Other
- Units 200
- Additional Rent Contact for pricing
- Year Built 2013
- Date Updated Sep 5, 2024
- Website oasisportfoliowilmington.sharplaunch.com
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
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Location
- City Wilmington, NC
- Neighborhood New Center
- Zip Code 28403
- Market Wilmington
Points of Interest
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Exxon
0.57 miles
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Sam's Club
0.57 miles
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BP
0.70 miles
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Murphy USA
0.84 miles
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Costco Gasoline
1.18 miles
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Go Gas
1.45 miles
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Shell
1.71 miles
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Valero
1.74 miles
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Exxon
1.95 miles
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Shell
2.16 miles
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Lot C
0.76 miles
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Lot B
0.79 miles
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Lot F (Visitor Parking)
0.85 miles
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Lot D
0.86 miles
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Lot A
0.90 miles
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Lot K
0.92 miles
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Lot M
0.93 miles
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Lot G
0.96 miles
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Lot N
1.02 miles
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Lot H
1.03 miles
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Quality Inn Wilmington
0.53 miles
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Staybridge Suites Wilmington East
0.57 miles
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Travel Inn
0.58 miles
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Budgetel Inn - Wilmington
0.60 miles
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Motel 6 Wilmington, NC - Market Street
0.60 miles
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Holiday Inn Wilmington
0.61 miles
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Days Inn By Wyndham Wilmington / University
0.62 miles
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Ameristay Inn Wilmington
0.62 miles
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Red Carpet Inn Wilmington
0.62 miles
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Comfort Suites
0.66 miles
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Food Lion
0.41 miles
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Ross
0.57 miles
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Walmart Supercenter
0.84 miles
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TJ Maxx
0.88 miles
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Target
0.97 miles
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Harris Teeter
1.08 miles
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Trader Joe's
1.72 miles
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Whole Foods Market
1.73 miles
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Independence Mall
1.95 miles
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Food Lion
2.17 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.