Hudson Capital Properties has sold two apartment complexes, both located in Greensboro, N.C.
JLL Capital Markets worked on behalf of the seller, Hudson Capital Properties, to complete the sales to two separate buyers. Steeplechase Apartments was sold to Florida-based Advenir for $56.2 million, and Park Forest was sold to New Jersey–based Eminent Capital for $17.8 million.
Steeplechase Apartments, located at 1338 Adams Farm Parkway, consists of 420 one-, two- and three-bedroom units, totaling 451,080 rentable square feet. Units feature in-home fireplaces and vaulted ceilings, with select units including a screened-in patio or porch, in-unit washer and dryer, and a stainless-steel appliance package. Community amenities include outdoor barbecue grills, fitness center, laundry room, resort-style pool, playground and a tennis court.
Park Forest Apartments, located at 3214 Brassfield Road, totals 135,749 rentable square feet and consists of 151 one- and two-bedroom