Woodstream Apartments

Sold Price



Hold Period

2.5 Yrs.


Total Equity



Total Profit



Year Built


Located in Fayetteville, North Carolina, Woodstream is a 202-unit garden style apartment community. The asset performed very well over the course of the hold boasting a 16% cash on cash return. Woodstream was an extremely successful investment for Providence netting an IRR of 37.10%. In a heavy military market like Fayetteville, NC management becomes that much more important. Through focused management and upgrade interiors Providence was able to have one of its most successful ventures to date.