By Grubb Properties Development Team
Link Apartments℠ 4th Street in Winston-Salem, NC, celebrated the one-year anniversary of welcoming its first residents this week with a celebration for residents and staff. The community was the first property developed by the Link Apartments Opportunity Zone REIT to open and is already close to achieving full occupancy and stabilization.
The summer “busy season” was quite successful for the community. After entering the month of June at 48.66% occupancy, 73 summer move-ins brought that number to 75.89% occupancy. The property currently stands at 84.37% pre-leased and expects full stabilization by the end of the year.
Located at 501 W. 4th Street in Downtown Winston-Salem, Link Apartments℠ 4th Street includes 224 units of essential housing. Community amenities include a 24/7 fitness center, a saltwater pool and deck, an open-air rooftop terrace, a Link Ride Cycle Center with ample bike parking and a repair workstation, a Link Paws Spa with a professional-grade dog wash station, and a Link Connect rooftop coworking lounge.
The apartments feature smart, efficient floorplans, with high ceilings, skyline views, balconies and patios, energy-efficient appliances and HVAC systems, and luxe plank flooring throughout.
With a “Walkers’ Paradise” Score of 90 and a Bike Score of 80, the site offers easy car-free access to all that Downtown Winston-Salem has to offer. Numerous bars and restaurants are within walking distance, and employment centers like Winston-Salem State and Wake Forest University are close by.
In addition, the property exemplifies Link Apartments’ commitment to supporting local artists. Outside its entrance is a steel sculpture called, “Resilience – Still I Rise” made by local artist Mona King. The interior of the property features bright and colorful murals by Osiris Rain.
For more information about Link Apartments Opportunity Zone REIT, click here.