1815 McCormick St - Apartments FOR SALE


Greensboro, NC 27406- Southmont
$899,000 USD
336-987-0808
1815 McCormick St, Greensboro, NC for Sale
$899,000 USD
Apartments - FOR SALE
1/9
null | 7.99% Cap Rate

1815 McCormick St
Greensboro, NC 27406
Southmont


HIGHLIGHTS

  • Great Value Add Opportunities
  • Current rents are far below market rents
  • Recently sealed parking lot
  • New roof in 2022

OVERVIEW

100% occupied • NOI = $71,871 • Eight- 1 bedroom/1 bathroom units • 8% Cap Rate

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

8

PRICE/UNIT

$112,375

CAP RATE

7.99%

% LEASED

87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

MF

APN/PARCEL ID

0025830

ASK ABOUT THIS PROPERTY

Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

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Phil TockmanNAI Piedmont TriadMore Info
336-987-0808

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