Description
This apartment complex is ideally located close to the Leaksville section of Eden that is undergoing a revitalization with several new boutiques and restaurants that are already open for business. In addition shopping, medical facilities are close by. The complex consists of (4) 2 bedroom units that have been completely renovated and (4) 1 bedroom units that need updating but two of which are currently rented. With these (4) units updated the monthly rental amount could increase cash flow to around $700 per month each. Depending on the buyers financial arrangements a cap rate greater than 3-4% is very achievable.
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Courtesy of: Coldwell Banker Advantage Attribution contact: 336-282-4414 | 336-613-6065 Properties marked with the Triad MLS icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2022 Triad MLS, Inc. of North Carolina. All rights reserved. Updated: 30th January, 2023 1:20 AM (UTC)
