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This is an 8-unit all brick apartment building at the end of a street on a cul-de-sac in a community of 4/6/8 unit similar building each individually owned. 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 & 2014 w/new roof, new windows w/lifetime warranty, new deck/stairs, aluminum wrapping of soffits & trim, new gutters, new PVC downspouts, several new HVAC units, interior renovations as needed. As of June 30, 2015 7/8 units are rented and 1 vacancy is ready for occupancy. Each unit has a stove and fridge. Professional management in place. Cap rate is approx 10%, NOI is over $23,000/yr. There is a recently updated pro-forma attached in this listing with actual expense data. Sorry no owner financing available. Agent is owner, listed by Re/Max Realty Consultants.
OPEN HOUSE SUNDAY JUNE 28th 1-4pm!!!You have to see to appreciate the detail that has gone into this renovation!!! Stainless! Hardwoods! Tile! New paint! New Driveway! New full insulation! Full basement! FEEL RIGHT AT HOME IN YOUR STARTER HOME or RETIREMENT HOME! Ready for move in - needs nothing! Convenient to shopping, downtown, I40, Oak Ridge
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).
PRICE REDUCED! 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.
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.
Each is very spacious and conveniently located to dining, shopping and only 10 minutes from downtown Winston-Salem.
Newly renovated 8 unit apartment building located in downtown Thomasville, NC. The property has new siding, windows, hvac, flooring, paint, etc. Tenants are responsible for their own electricity. Owner pays water. All units are two bedroom one bath. Floor plans vary slightly. Rents range from $375 to $395/mo. Coin laundry on-site.
$290,000Size 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.
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. 11.46% Cap Rate.