1500 Deep River Rd - Apartments FOR SALE


High Point, NC 27265- Jamestown/High Point
$699,000 USD
336-906-1314
1500 Deep River Rd, High Point, NC for Sale
$699,000 USD
Apartments - FOR SALE
1/5
null | 7.8% Cap Rate

1500 Deep River Rd
High Point, NC 27265
Jamestown/High Point


HIGHLIGHTS

  • Good Location
  • Single story with ample parking
  • 100% occupancy

OVERVIEW

INVESTMENT OPPORTUNITY! Single-story 7-unit apartment building. Fully leased. Tenants pay their own utilities. Current rents range from $700-$800 per month. Gross rents are currently per month $5200 with opportunity to increase. Refrigators and free standing range/ovens are included. Washer and Dryer hookups in each unit. Gutter guards and brick exterior for reduced maintenance. Exterior wood trim was painted April 2026.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

7

PRICE/UNIT

$99,857

CAP RATE

7.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single-story 7 Unit Apartment building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

RM-8

APN/PARCEL ID

0184786

ASK ABOUT THIS PROPERTY

Marshall MorganKeller WilliamsMore Info
336-906-1314

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Marshall MorganKeller WilliamsMore Info
336-906-1314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.