3838 West Ave - Apartments FOR SALE


Greensboro, NC 27407
$1,400,000 USD
360-685-4206
3838 West Ave, Greensboro, NC for Sale
$1,400,000 USD
Apartments - FOR SALE
1/9
null | 3.92% Cap Rate

3838 West Ave
Greensboro, NC 27407


OVERVIEW

We are pleased to present this highly attractive 12-unit multifamily investment property located at 3838 West Ave in Greensboro, NC. This well-maintained property offers two-bedroom, townhome style units, making it a prime opportunity for investors seeking a stable income stream in a growing market. The property’s central location provides tenants with easy access to essential amenities, including public transportation, shopping, schools, and major highways. Property Features: 12 total units featuring a Two-bedroom, townhome style apartment. High occupancy rates and consistent rental demand. Recently updated common areas and key systems. Off-street parking available for tenants. Located in a desirable, growing neighborhood close to local amenities, parks, and transit. Well-maintained property with low maintenance costs. This property offers a fantastic opportunity to invest in a high-demand multifamily asset in Greensboro NC. Don’t miss out on this chance to secure a profitable property with strong growth potential. Contact us today for more information or to schedule a private tour.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

12

PRICE/UNIT

$116,667

CAP RATE

3.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,347 SF

ZONING

RM-18

APN/PARCEL ID

0053156

ASK ABOUT THIS PROPERTY

Edwin BylereXp CommercialMore Info
360-685-4206

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Edwin BylereXp CommercialMore Info
360-685-4206

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