Commercial Apartment Wholesale Deal Greensboro
2411 – 2415 Charlotte St.
Greensboro, NC 27401
(NO LONGER AVAILABLE)
SUMMARY Greensboro Commercial Wholesale Deal boasting a Potentially 14.3% Cap Rate! Apartment consist of 3 buildings, a 2-story apartment building, 3-story apartment building, and a house used as the property management office. There are 17 total apartments, all bedrooms have there own bathrooms. The unit mix is 10 - 3bedrooms and 7 - 2bedrooms for a total of 44 units, bedrooms and bathrooms. Each apartment needs an HVAC unit. The walls will need repair where the copper condensation lines runs through the rear wall of each unit.The home is a 2 bedroom 1 bath property and has been updated and sits on the corner. The 2 story building does have a Riser Room and is on a centralized sprinkler system monitored by the Fire Department. The 2 story building was not required to have a sprinkler at the time of construction. Most of the units, with the exception of a few, have all appliances or select appliances. The units were completed when built in 2005 and have CO’s for each building. They currently need repair and cleaning due to being vacant and vagrants . The city required that all ground level entrances including windows and apt doors be boarded up. The apartment was set up for student housing due to its close proximity to NC A&T State University and Bennett College. The units are also close to GTCC’s East Campus and only a couple miles from UNCG and Greensboro College.
Each bedroom can be rented for $400 – $450/mo. Due to the increased number of enrollments in local colleges and universities, there’s no shortage of tenants. Collegiate Commons, located approximately 0.6 mile away, is also set up for student housing. These units seldomly become vacant and remain popular among the students on college campuses.
VIEWING INSTRUCTIONS: drive by only- call for appointment
TERMS: $725,000 (Neg) Cash or Hard Money ONLY!!
SALE TYPE: Direct Sale
IMPORTANT INFORMATION: 1. All CASH, Hard Money Purchase. No Conventional Financing. 2. We are “Owners by Contract“.
DOWNLOADS
External Pictures
Investment Figures
Location Map
All information is deemed reliable but not guaranteed.
Please call Torrey at 336.347.8727 or email for additional information on this Greensboro Commercial Wholesale Deal
SUMMARY Greensboro Commercial Wholesale Deal boasting a Potentially 14.3% Cap Rate! Apartment consist of 3 buildings, a 2-story apartment building, 3-story apartment building, and a house used as the property management office. There are 17 total apartments, all bedrooms have there own bathrooms. The unit mix is 10 - 3bedrooms and 7 - 2bedrooms for a total of 44 units, bedrooms and bathrooms. Each apartment needs an HVAC unit. The walls will need repair where the copper condensation lines runs through the rear wall of each unit.The home is a 2 bedroom 1 bath property and has been updated and sits on the corner. The 2 story building does have a Riser Room and is on a centralized sprinkler system monitored by the Fire Department. The 2 story building was not required to have a sprinkler at the time of construction. Most of the units, with the exception of a few, have all appliances or select appliances. The units were completed when built in 2005 and have CO’s for each building. They currently need repair and cleaning due to being vacant and vagrants . The city required that all ground level entrances including windows and apt doors be boarded up. The apartment was set up for student housing due to its close proximity to NC A&T State University and Bennett College. The units are also close to GTCC’s East Campus and only a couple miles from UNCG and Greensboro College.
Each bedroom can be rented for $400 – $450/mo. Due to the increased number of enrollments in local colleges and universities, there’s no shortage of tenants. Collegiate Commons, located approximately 0.6 mile away, is also set up for student housing. These units seldomly become vacant and remain popular among the students on college campuses.
VIEWING INSTRUCTIONS: drive by only- call for appointment
TERMS: $725,000 (Neg) Cash or Hard Money ONLY!!
SALE TYPE: Direct Sale
IMPORTANT INFORMATION: 1. All CASH, Hard Money Purchase. No Conventional Financing. 2. We are “Owners by Contract“.
DOWNLOADS
External Pictures
Investment Figures
Location Map
All information is deemed reliable but not guaranteed.
Please call Torrey at 336.347.8727 or email for additional information on this Greensboro Commercial Wholesale Deal
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