Student Property in Greensboro Sold

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Spring Place Apartments in Greensboro, near UNCG, was sold to a Chicago-based real estate investment company that specializes in student housing. From an article in the Triad Business Journal:

A large Triad student apartment community has sold for $23.15 million, according to records with the Guilford County Register of Deeds.

OC Ventures, a Chicago-based real estate investment firm specializing in student housing, bought Spring Place Student Apartments at 3610 Clifton Road in Greensboro, near UNC-Greensboro, through 3610 Clifton Road Associates LLC. The sale was recorded in Guilford County April 8…

Built in 2009, Spring Place has 164 units on 13.2 acres.