Brookside is a 60-unit community at the end of a quiet street in northern Winston-Salem, made up of large three, four, and five-bedroom townhome units. These floorplans offer spacious living for families and are difficult to find in Winston-Salem. All units are two stories with spacious kitchens and living rooms in addition to washer/dryer hookups.
The property was acquired off-market after the seller’s pricing expectations shifted. The acquisition was financed with an attractive assumable loan that carried a 3.6% interest rate. The property has since undergone substantial renovations including redoing the parking lot, adding a playground, painting the exteriors, and significant unit renovations. Tucker co-led this investment through Sweetbay Capital.
Winston-Salem, NC · 60 units · Acquired April 2024 · Value-Add