Cider Mill

Cider Mill Apartments (the “Asset” or “Property”) is a 1968 vintage garden style apartment complex consisting of 23 two bed, one bath units. The Asset features high quality renovations with stainless steel appliances, new cabinets, LVP flooring, new counter-tops, and a refreshed exterior. Furthermore, ownership is awaiting county approval to abate the tax bill by 90% via the NC AMI tax abatement program.

Locationally, Cider Mill Apartments is well positioned in the market situated within a mile from Aldi Grocery Store, Parkland Park, and Brewer Crossing Shopping Center. The Property is also just a short walk to the nearest bus stop and provides easy access to I-40 providing great connectivity to the broader region. The Asset provides residents with access to major employment hubs in the region being just a short drive to downtown as well as both regional hospitals, Novant Health Forsyth Medical Center and Atrium Health Wake Forest Baptist Medical Center. Furthermore, the Property sits less than five minutes away from Forsyth Tech Community College making it a prime location for residents in the workforce looking to better themselves through education and trade skills. Cider Mill Apartments presents investors with a phenomenal opportunity to acquire an Asset with strong locational pull for residents and high end finishes requiring little CapEx and long term cash flow.