Property: ( www.villageswf.com )
Located across the street from Wake Forest University in Winston-Salem, NC, Villages at Wake Forest is a student housing community with 64 units and 251 beds. The units are predominately cottage-style 4br/4ba houses and a few older, single family homes that have been renovated to provide equal bed-bath parity. The project was developed over a span of 4 years starting in 2012 by two local investors who saw an opportunity to purchase old houses and vacant lots near Wake Forest University and build a luxury student housing product.
Maximize rent potential and investor returns through a combination of increasing rents to already proven market levels and building additional beds to meet the growing shortage of off-campus housing.
Our business plan includes the following.