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100,494 SFPrice Upon Req.
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.
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
12 unit complex. In 2008 a new roof was installed and all the electrical and plumbing was replaced (along with other work). In 2013 all the units under went renovation and new laminate wood flooring was installed and HVAC was installed in all units. Each unit is 1,000 sq feet and contains 8 rooms - 2 bathrooms, 1 kitchen, 1 family room, 3 bedrooms and 1 room (can be a bedroom, sitting room, office, etc)
RENTAL HOMES INVESTMENT PROPERTY!! This investment opportunity consists of three housing plots that are to be sold together. Plots 2344, 2406 and 2335 Gordon Road are the three properties. Consolidated, these three properties total 34 rental homes and associated service buildings. The occupancy rate has been in excess of 90% and the Total Annual Net Income is in excess of $163,000., in each of the last three years. The Cap Rate is in excess of 10%. SHOWING APPOINTMENT REQUIRED. NO SIGNAGE - DO NOT DRIVE INTO COMMUNITY WITHOUT AN APPOINTMENT - OWNER DOES NOT WANT TO ADVERTISE SALE TO THE TENANTS.
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
This 40-unit townhouse style complex is a stabilized multi-family property. Vineyard Brook Apartments are located in a very desirable apartment submarket between Country Club Road and Stratford Road with all major retail in the immediate vicinity. The units are predominantly 2 BR/1.5 BA with a single 1 BR unit and eight 2 BR/2 BA units. The property is in great condition with numerous recent improvements. The 2014 NOI is $202,992 and for sale at an 8% Cap rate. Significant upside potential exists as rents are all below market. Full financial package available upon request.
This package includes four houses that share one acre - one three-bedroom house, two two-bedroom houses and one one-bedroom house. The monthly gross rents total $1,950/month.
This package includes an 18-unit complex with an additional seven houses and three lots for sale. This is a unique opportunity to control a property across from new UNC School of the Arts construction. Well maintained with upside potential including untapped income from laundry. Scheduled gross rents are $146,436 annually