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1,200 SFPrice Upon Req.
CONDOMINIUM UNIT 1,200 ± sq. ft. one-level condo with 2 bedrooms, 2 baths, kitchen, living area with gas fireplace, and laundry. It is located on the 2nd floor, Building 5, of the Chandler Place Condominiums. The condo has open parking and is close to Oak Hollow Mall and High Point University. OPEN: Sun. 11/24 & 12/1 from 1-4pm.
The Olde North Village Apartment complex is a 48 unit low income housing tax credit (LIHTC) multifamily property located on 3.89 acres in Winston-Salem, NC. The property has spacious two and three bedroom apartments with patios. A good portion of the units have been renovated. The property has high occupancy but suffers from mismanagement due to corporate ownership from out of state. Needs an experienced owner/manager. The property has completed its 15 year initial tax credit compliance period and is now in its 15 year extended use period.
Partially renovated 148 unit apartment community consisting of 42 buildings. Situated on 13.22 acres. Tax assessed value just over $4,000,000. 81 units occupied at time of listing. Units are leased as they are updated. Proforma numbers below based on Forsyth County Summary Appraisal Report. Total of around 100 units with updated interiors. Total of 17 buildings renovated on the exterior. Some of the completed renovations include newer windows, roofs, refinished wood floors, new cabinets, insulation, updated electrical, etc. Taxes are around $4,000/mo, insurance $2,000/mo. Management and maintenance are handled in-house. Most leases are month to month to give the ownership flexibility on getting rid of any non-paying tenants. There are several Section 8 tenants on year leases.
73,544 SFPrice Upon Req.
TURN-KEY INVESTMENT Holly Hill represents a turn-key investment opportunity with strong in-place cash flow. Current ownership has spent a significant amount of capital over the past three years, including the following: " New Signage " Pool Resurfacing/Repair " New Pool Fence " Parking Lots Resurfaced and Restriped " Roof Replacements " Tree Removal " New Maintenance Shop STABLE INVESTMENT OPPORTUNITY Holly Hill is a stable investment opportunity with strong leasing momentum and healthy rental income growth. " 100% occupied August 2013 " 89% occupied (15 consecutive months) " Rental Income experienced healthy, moderate growth over trailing 18 months. PROVEN VALUE-ADD POTENTIAL Six (6) units have been upgraded, staying well leased and highly demanded since being retrofit. " Replacement of cabinets and countertops " Furnished washer/dryer set " Achieving $90 monthly rent premiums ATTRACTIVE TOWNHOME FLOORPLANS Holly Hill boasts attractive, two and three-story townhome units in Thomasville, NC. The floor plans boast a full appliance package, washer/dryer connections and separate dining areas, which provide a popular alternative to home ownership.
126,720 SFPrice Upon Req.
Salem Crest was built in 1995 and features sturdy construction detail of combination brick and vinyl exteriors. The construction will allow future ownership the ability to minimize maintenance costs while standing the test of time, both in terms of function and aesthetics. Salem Crest' s quality construction will help ensure solid investment returns through future expense savings.
Two well maintained duplexes. Less than a mile from HPU and in close proximity to downtown High Point. Both duplexes are brick construction with newer roofs, replacement windows, updated heating systems, etc. Average rent is $400/mo with room for increases. Can be sold together or separately.
Former university campus dormitory with excellent conversion possibilities.
108,194 SFPrice Upon Req.
FOR FULL DETAILS PLEASE SEE PROPERTY WEBSITE: http://colliersrdu.listinglab.com/prop19065 Total Site Size - 19.03 Acres Total Units - 120 Net Development Denisity - 6.36 units per acre Number of Buildings - 12 10 residential - 1 clubhouse - 1 storage facility Additional 11 acre vacant parcel available 3 Story Built 1987 Roof Type - Gable, Covered with Shingles Construction Type - Wood Frame Exterior Walls: Vinyl Foundation - Concrete
Two 1 bedroom, 1 bath units. A - 520 SF, B - 460 SF. Both are leased. Both units are totally renovated with new electrical wiring, plumbing, wood floors in kitchen and living room. Additional 14 SF unfinished building on property.
Fourplex consisting of 2 one bedroom, one bath units and 2 two bedroom, one bath units, 100% occupied. 2 two bedroom and 1 one bedroom unit completely renovated.Refrigerator, range / oven in each unit. Rents are $425 for two bedroom units, $395 for renovated one bedroom unit and $350 for the other one bedroom unit.