INVESTMENT HIGHLIGHTS

• Convenient to Downtown Winston-Salem
• Great location in growing submarket of Winston-Salem
• Close Proximity to I-40 and Major Retail
• Desirable Townhome Style Asset
• Value add opportunity through the renovation of the interior units to bring the rents up to the market.
• Opportunity to sell off individual townhome units for immediate arbitrage

The McDaniel Team at Marcus & Millichap is pleased to present this multifamily opportunity in Clemmons, North Carolina. The Western Villa Apartments consists of 33 townhome units with two bedrooms and one and one-half bathrooms along with a pool and clubhouse. The Western Villa Apartments is a conveniently located complex just off Lewisville-Clemmons Rd in the Village of Clemmons, NC.? Just a short drive from downtown Winston-Salem and the great retail centers of the Peace Haven Village Shopping Center, Westwood Village Shopping Center, and Clemmons Village Shopping Center just off Interstate 40.? National Retailers consist of Publix, Pet Supermarket, Lowes Foods, Advanced Auto parts, Starbucks, Walgreens, and Walmart.

Continued growth within the Winston-Salem market, the transformation of Downtown Winston through the Innovation Corridor, and solid employment gains in the manufacturing, technology, and biotechnology industries continue to attract out-of-state capital to the Triad market.? The areas positioning in the Carolinas, its accessibility to major interstates, and an extremely active cargo airport, have solidified the area as a major logistics and transportation hub for the Southeast.? The area is home to many national companies including VF Corp., Reynolds American, BB&T Corp., LabCorp., Hanesbrands, Volvo Trucks, Honda Aircraft Company.?