200 Memorial Park Dr - Apartments FOR SALE


Thomasville, NC 27360
$1,250,000 USD
919-861-9730
200 Memorial Park Dr, Thomasville, NC for Sale
$1,250,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

200 Memorial Park Dr
Thomasville, NC 27360


HIGHLIGHTS

  • SELLER FINANCING AVAILABLE AT 6% INTEREST based on 25% down, 5-year term and 20-year amortization!!
  • 7.35% CAP RATE for 14-unit multifamily only two blocks from downtown Thomasville, North Carolina
  • Excellent value-add opportunity by adding curb appeal and updating units to push rents

OVERVIEW

SELLER FINANCING AVAILABLE AT 6% INTEREST based on 25% down, 5-year term and 20-year amortization!!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

14

PRICE/UNIT

$89,286

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Memorial Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

R6

APN/PARCEL ID

16-080-0-00A-0029-0-0-0

ASK ABOUT THIS PROPERTY

Mike SicilianoApartment CoreMore Info
919-861-9730

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

Mike SicilianoApartment CoreMore Info
919-861-9730

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