3812 Country Club Rd - Apartments FOR SALE


Winston-Salem, NC 27104- South Fork
$540,000 USD
704-707-6268
3812 Country Club Rd, Winston-Salem, NC for Sale
$540,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3812 Country Club Rd
Winston-Salem, NC 27104
South Fork


OVERVIEW

Income-Producing Condo Portfolio in Winston-Salem. This offering includes 5 units, 4 leased, 1 vacant as of February, each featuring 2 bedrooms, 1 bathroom, and has approximately 900 sqft.  Units have been well maintained. All except one unit has all new replacement windows (less than 5 years old), 4 units have a new heat pump system (indoor and outdoor) less than 6 years old. Residents enjoy access to a pool and on-site laundry facility. $213 HOA fee includes hot and cold water and pool.  Tenants pay for electricity. With steady rental income from month-to-month tenants already in place, this portfolio offers immediate cash flow and the potential for long-term appreciation. Current rents are below market value and should be increased. Available units: 3812-I, 3814-I, 3814-J, 3824-B, 3824-L Country Club Road. 125 total units in complex. Property has been re-evaluated. Seller does not know the new tax amount yet.

FOR SALE DETAILS

PRICE

$540,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

5

PRICE/UNIT

$108,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Salem Square Condos

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,177 SF

ZONING

-

APN/PARCEL ID

6815-13-5572,6815-13-5995,6815-13-6583,6815-13-6925,6815-14-5132

ASK ABOUT THIS PROPERTY

Jamie PurvisRE/MAX ExecutiveMore Info
704-707-6268

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Jamie PurvisRE/MAX ExecutiveMore Info
704-707-6268

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