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5 duplex apartments and 1 single family home for sale near downtown High Point. Conveniently located across the street from High Point Central High School and Middle School. Offered at tax value ($22,473/door) with ptoential for Owner Financing. 2013 NOI total $24,963 (10% CAP). All units hav large floor plans (896 to 957 SF0, 2 bedrooms, 1 bath, hardwood floors, forced air gas heat and exterior vinyl trim windows. Exterior siding is asbestos shingle. Tenant pays all utilities. Possible income increase with property upgrades.
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. Agent is owner, listed by Re/Max Realty Consultants.
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
PRICE REDUCED FROM $225,000 TO $175,000! 8/6/2014 INVESTMENT PROPERTY 4 APARTMENTS FULLY LEASED
This is a stellar performing investment property located in a desirable Kernersville submarket. There are low maintenance needs and great upside potential in rents as the surrounding area continues to mature and improve.
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.
Rare opportunity to purchase 130,250+/- sf of Institutional style buildings plus 8.17+/- acres off I-40, near downtown. Perfectly located in a Historic District, this property currently houses an established University. Substantial improvements have been made over the last several years: new roofs, new windows, HVAC systems, key card access, high speed internet, new dorm beds, recording studio and flip classrooms. See additional marketing materials for specific breakdown or call for more information.
Two apartment complexes in east High Point. Both properties are on the same street and total 47 units altogether. 28 of the apartments are 2 bedroom 1 bath townhome style with separately metered electricity, water, and gas. These all have newer roofs, plumbing, electrical, windows, water heaters, etc. The remaining 19 units are single story 2 bedroom 1 bath apartments with separately metered water, electricity, and gas. Trash removal is included in property taxes. Expenses are very low. Rents are below market, leaving a new owner with plenty of upside potential. Tenants are responsible for bringing in their own appliances and A/C. The 28 unit and 19 unit complexes can be purchased together or separately.