Phillips Place Apartments — Sale in Greensboro, NC
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Greensboro, NC 27401
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Description
Marcus & Millichap is pleased to present Phillips Place Apartments, a 15-unit multifamily community located in Greensboro, North Carolina. Originally built in 1966, the property offers a mix of one-bedroom, one-bathroom and two-bedroom, two-bathroom floorplans. Phillips Place is positioned in an established Greensboro location with close proximity to downtown Greensboro, the University of North Carolina at Greensboro (UNCG), Greensboro College, and the Friendly Shopping Center. The property is also near First National Bank Field, home of the Greensboro Grasshoppers Minor League Baseball team, and the downtown entertainment, dining, and cultural corridor. Greensboro anchors the Piedmont Triad, a 1.7 million-resident metro area and the third-largest population center in North Carolina. The local economy is diversified across healthcare, advanced manufacturing, aerospace, higher education, and logistics, with major employers including Cone Health, Volvo Trucks, HondaJet, Qorvo, UNC Greensboro, and NC A&T State University. JetZero broke ground in June 2026 on a $4.7 billion aerospace manufacturing facility at Piedmont Triad International Airport, projected to create 14,500 jobs over the next decade. Investment Highlights: • 15-Unit Multifamily Community: 1966-built 15-unit multifamily community in an established Greensboro location. • 1BR + 2BR Unit Mix: Mix of one-bedroom, one-bathroom and two-bedroom, two-bathroom floorplans supporting a broad tenant base. • Downtown Greensboro Proximity: Positioned close to downtown Greensboro's entertainment, dining, and cultural corridor. • University Proximity: Near the University of North Carolina at Greensboro (UNCG) and Greensboro College. • Retail + Entertainment Access: Close to Friendly Shopping Center and First National Bank Field, home of the Greensboro Grasshoppers Minor League Baseball team. • Piedmont Triad Employment Base: Diversified metro economy anchored by Cone Health, Volvo Trucks, HondaJet, Qorvo, and JetZero's
Market Context
This multifamily in Greensboro, NC is listed for sale. Compare it against other multifamily listings for sale in Greensboro, NC — view the full market.
Contact
- Ryan Parrish · (336) 450-4651 · ryan.parrish@marcusmillichap.com
- Ryan Lipomi · (843) 952-2223 · ryan.lipomi@marcusmillichap.com
- Todd Phillips · (919) 674-1120 · todd.phillips@marcusmillichap.com
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