331 Temple St - Apartments FOR SALE


Lexington, NC 27292- Davidson
$1,040,000 USD
336-448-2830
331 Temple St, Lexington, NC for Sale
$1,040,000 USD
Apartments - FOR SALE
1/8
null | 8.06% Cap Rate

331 Temple St
Lexington, NC 27292
Davidson


HIGHLIGHTS

  • Ten 2 bed/1 bath units - each ±750 SF
  • Washer/dryer connections
  • New Siding
  • Convenient location to downtown Lexington

OVERVIEW

Stable multifamily investment opportunity with upside in Lexington, NC offering great immediate yield. Temple Street Apartments offers ten 2 bedroom, 1 bath units - each ±750 square feet with washer/dryer connections. The property provides convenient access to downtown Lexington, major employers, shops/restaurants, US-64/US-29/I-285, and is walkable to Lexington Middle and High School.

FOR SALE DETAILS

PRICE

$1,040,000 USD

PRICE/SF

$86 USD /SF

# OF UNITS

10

PRICE/UNIT

$104,000

CAP RATE

8.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

-

APN/PARCEL ID

11-025-0-00B-0016-0-0-0

ASK ABOUT THIS PROPERTY

Dom MaggioLinville Team PartnersMore Info
336-448-2830

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Dom MaggioLinville Team PartnersMore Info
336-448-2830

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