203 S Jonesville Blvd - Apartments FOR SALE
Jonesville, NC 28642 |
203 S Jonesville Blvd
Jonesville, NC 28642
HIGHLIGHTS
- 100% occupancy with in-place NOI of $321,210
- 7.83% cap rate at asking price of $4.1M
- Average rents of $936/month well below market peers & Renovated units already achieving $950–$1,050/month
- Zero new deliveries in Yadkin County for 10+ years
- Value-add upside with two convertible storage/leasing rooms
- On-site laundry and pool enhance tenant retention and add opportunity for additional income
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Little Creek Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
34436
STORIES
2
YEAR BUILT
1986
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
123194
