Property Description

Priced to sell 7 unit brick apartment complex (five unit building and duplex) on one parcel! Most multi family in the area sell for 85k+/unit, we are only asking around 71k/unit! Conveniently located off Highway 64 makes it a short drive from Asheboro and Siler City with convenient access to HWY 49, 74 and 421 which means easy access to Greensboro, Winston, High Point, Durham and Raleigh. All units are 100% occupied month to month. Rents are below market and ready to be raised/optimized.City water and sewer with separate meters paid by the occupants. Central heat and air in most units with a recently replaced system in Unit 5. Four water heaters are less than six years old, and the roof is believed to be approximately 12 years old. Have peace of mind knowing the big ticket items are already in place and functioning. Washer and dryer hookups in each unit which makes a great selling point for renters. Don't miss this opportunity to get a great deal before it's too late!

Property Features