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All brick 4plex with great rental history. All apartments have central heating and air. Everything is electric and each apartment comes with a refrigerator, Range, and dishwasher. Some New flooring and paint throughout. Building has 4 parking spots and room for guest parking. Building has side yards and backyard. HOA takes care of trash pickup and lawn care. In addition the HOA acts in the best interest of the owners, I.e. Recently repairs several pot holes. Building is well maintained. No deferred maintenance. Recently front of building was landscaped.
Great investment opportunity. 4 2-story units, well maintained located just off of Randolph St in the heart of Thomasville. Only one unit available. Very clean and well maintained. Inquire with City of Thomasville about constructing additional building on lot
Great Investment Opportunity in Thomasville, NC Located minutes from Historic Downtown Thomasville. Very clean and well maintained property. 2 duplexes with 6 units total. Fully leased (inquire about lease details).
This is an 8-unit all brick apartment building at the end of a street on a cul-de-sac. The building is comprised of all 2BR/1BA units approx 775SF each and have central heat/air and washer/dryer hook-ups. The rents average $450/unit and property was renovated in 2013 with new roof, new windows with lifetime warranty, new deck/stairs, aluminum wrapping of soffits & trim, new gutters, several new HVAC units, interior renovations as needed. At time of listing, 6/8 units are rented and 2 vacancies are ready for occupancy. Professional management in place. Cap rate is 9.25%, NOI is over $20,000/yr. There is a pro-forma attached in this listing or available upon request. Sorry no owner financing available. Agent is owner, listed by Re/Max Realty Consultants.
$300,000Size Upon Req.
Well maintained 12 space mobile home park. There are 11 park-owned homes and one lot rental. Expenses are extremely low. Tenants have their own water and electric meters. Homes average $415/mo in rent. The one lot rental is $200/mo. There is a mix of two and three bedroom homes. One new commercial septic tank installed within last few years. All septic systems are in good, working order and have been inspected by the county. There are two homes per septic. There is also a large drain field on the property.
Recently renovated 6 unit apartment building with no needed capital repairs. Within the last 6 years it has had all new water heaters, roof, flooring, etc. Downstairs units all have ceramic tile. Great deal at a 10% cap rate based on actual numbers. This is a great first time investment or addition to a growing portfolio. Only one vacant at time of listing.
Reduced price! 14 newly renovated apartment units located near the heart of Thomasville, NC. 12 of the apartments are two bedroom one and a half bath townhomes and the other two units are three bedroom two bath apartments. The property was just renovated and occupancy is steadily rising! Excellent opportunity for an investor to come in and stabilize the property taking advantage of all of the new renovations!
Each is very spacious and conveniently located to dining, shopping and only 10 minutes from downtown Winston-Salem.
This multi-family package includes 20 two-bedroom/two-bathroom apartment units in two buildings in Rural Hall, North Carolina. The apartments all have washer/dryer hookups and have been well-maintained with recent 2004 construction. This property offers lots of upside with possibility for improved management and below-market rents.
18 converted condominiums (formerly an apartment complex) being offered as a package deal. 100% occupied as of July 15, 2013. The package consists of eleven 2-bedroom units, five 3-bedroom units, and two 1-bedroom units. Average price is $43,611 per unit. Total square feet being offered in approximately 13,202. Three units are Section 8 units. (1-bedrooms are 581sf, 2-bedrooms are 842sf, and the 3 bedrooms are 926sf -- all sizes are approximate) ***Contact me for CURRENT CAP RATE information***