Capstone Apartments Partners is pleased to present Ambassador Court: a 192-unit, garden-style apartment complex located in High Point, North Carolina. Built in 1984, this asset represents the ideal value-add investment opportunity. The current value-add program and market proven demand for upgraded interiors will allow new ownership the ability to capitalize on a solid foundation and immediately increase NOI through the completion of the program.
Conveniently situated along Eastchester Drive and next to I-74, Ambassador Court offers an exceptionally well-maintained asset, as current ownership has invested $1M+ since 2018, including a full-scale clubhouse remodel. Ambassador Court poses an incredible value-add opportunity, coupled with strong submarket fundamentals and ease of accessibility to retail and the greater Triad to further enhance and capitalize on the property’s positive operational momentum.