$2,995,000 USD
919-610-2695
904 Lowdermilk St
Greensboro, NC 27401
Heath Community
HIGHLIGHTS
- RENOVATED MULTIFAMILY WITH 30 UNITS just outside downtown Greensboro, North Carolina
- OVER 20% AVERAGE RENTAL UPSIDE based on local rent comps for 2-BR units
- 27 OF THE 30 UNITS WERE REMODELED with new LVP flooring, cabinets, appliances, fixtures and updated bathrooms
- ALL ROOFS & WINDOWS WERE REPLACED within the last several years, plus all new parking lots
- READY FOR NEW OWNER TO CAPITALIZE by updating the remaining 3 units and pushing rents to market level
FOR SALE DETAILS
PRICE
$2,995,000 USD
PRICE/SF
$133 USD /SF
# OF UNITS
30
PRICE/UNIT
$99,833
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Greenwood Gardens
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1966
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.29 AC
LAND SF
99,752 SF
ZONING
R-5
APN/PARCEL ID
0021160
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919-610-2695
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919-610-2695
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