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PRICE REDUCED FROM $225,000 TO $175,000! 8/6/2014 INVESTMENT PROPERTY 4 APARTMENTS FULLY LEASED
264,198 SFPrice Upon Req.
Brown Investment Properties is pleased to offer the Chesterfield Apartments for sale. The property is operating at 92% occupancy and has a strong rental history. The owners acquired the property in 2006 and have invested over $1,700,000 in improvements. The property is now in great condition and is conveniently located in the popular Hanes Mall/Forsyth Medical Center area in western Winston Salem. It is located less than 10 minutes from Wake Forest University and Wake Forest Medical Center. The Western Winston Salem/Forsyth County apartment submarket has consistently been one of the strongest Triad submarkets with a 7.4% overall vacancy.
2 BRICK BUILDINGS, 24 UNITS. ALL ONE BEDROOM UNITS. AVERAGE RENT $280-$300. COUNTY WATER, SEPTIC. BUILT IN 1977 DAVIDSON COUNTY. 10 MILES SOUTH OF DOWNTOWN WINSTON-SALEM
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).
3 BRICK BUILDINGS, 45 TOTAL UNITS, 44 ONE BEDROOM UNITS AND 1 TWO BEDROOM UNIT. AVERAGE RENTS $285-$450. CITY WATER/SEWER. ***LAUNDRY FACILITY AREA ON-SITE (CURRENTLY NOT BEING OPERATED) POTENTIAL REVENUE INCREASE SOURCE***. BUILT IN 1956 GREAT LOCATION WITHIN MINUTES OF DOWNTOWN WINSTON-SALEM AND WAKE FOREST BAPTIST MEDICAL CENTER
Fantastic 16 Unit Apartment building with Increasing Income as renovations are being completed. Management, Pool and Playing Fields have kept this complex an attractive place to live for many years. New units are practically maintenance free with tile floors, solid surface counter tops, and high Efficiency AC units. A must see for the serious investor.
A 16 unit, 2 bedroom/1 bath brick apartment building. Plantation Place Apartments has 12 individually owned aparttmentt buildings. Pool, sports court, and common areas split equally between owners. Apartments include range/oven, refrigerator, washer/dryer hook ups. Tenant pays electricity. Owner pays water/sewer/trash. Vista Realty, Inc. is also on-site management, and has been since all apartments were built in 1984.
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***
This 14-unit package includes 10 one-bedroom apartments and four two-bedroom apartments in three buildings within the Green Oaks apartment community. The listing includes 1508 Oakshire Court, 1705 Rolling Meadow Court and 2406 Markwood Lane.