6961 Prospect Church Rd - Apartments FOR SALE


High Point, NC 27263
$425,000 USD
336-880-7825
6961 Prospect Church Rd, High Point, NC for Sale
$425,000 USD
Apartments - FOR SALE
1/3
null | 7.82% Cap Rate

6961 Prospect Church Rd
High Point, NC 27263


HIGHLIGHTS

  • All brick, one-level, 6-unit apartment building.
  • All units are 2 bedrooms/1 bath.
  • Fully occupied
  • Units are separately metered for utilities.
  • 5.9 acre lot that may be suitable for further development.
  • Central heat & air.

OVERVIEW

Quail Hollow Apartments is a 6-unit, one level apartment building comprised of six 2 bedroom/1 bath units. The property sits on approximately 5.9 acres which provides great upside potential, along with its current below market rents.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

6

PRICE/UNIT

$70,833

CAP RATE

7.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quail Hollow Apts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.9 AC

LAND SF

257,004 SF

ZONING

RA/UR

APN/PARCEL ID

6798-14-3422

ASK ABOUT THIS PROPERTY

Jeremy MusgraveKW Commercial TriadMore Info
336-880-7825

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Jeremy MusgraveKW Commercial TriadMore Info
336-880-7825

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