SAM Purchases Abbotts Run Apartments in Wilimington

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Wilmington, NC- Sandhurst Apartment Management (“SAM”) has announced the purchase of Abbotts Run Apartments, a 264-unit multi-family apartment complex built in 2001 located in Wilmington, NC. The acquisition closed in February 2020.


Abbotts Run Apartments is positioned in a highly-educated, affluent region between UNC Wilmington, The Port of Wilmington and Wilmington International Airport. The property benefits from nearly 300,000 SF of retail space that is located within walking distance. Abbotts Run is located 2 miles from UNC Wilmington’s campus and is situated between some of highest-ranking primary schools in the state of North Carolina. The property underwent extensive renovations to include a new state-of-the-art clubhouse featuring a high-tech business and fitness center, as well as a large entertainment space. Several other interior and exterior enhancements have been made to the property, including siding and roof replacements.


SAM is pleased to purchase its first asset in Wilmington, adding to its existing portfolio of 4 properties in North Carolina. With easy access to local highways, strong retail and dining presence and the close proximity to UNC Wilmington, Abbotts Run is situated in an excellent location. As Wilmington has become highly attractive due to its unique coastal setting and lifestyle options, the acquisition proves to be consistent with our strategy of buying assets located in growing markets with strong demographics and excellent school systems.



Sandhurst Apartment Management is a forward-thinking, time tested group that provides a wholly integrated package of property management services, including on-site asset management, construction supervision and due diligence. Our success is rooted in our thoroughly vetted, value-add property investments that provide high-quality rental apartments in good school zones with attentive, hands-on-property management. Sandhurst owns and manages assets in 9 states totaling 11,000 units in excess of $1 Billion.