NC > Greensboro > Not In A Subdivision
Greensboro, NC 27403,1722 Brice Street
Greensboro, NC 27403,1722 Brice Street
Greensboro, NC 27403,1722 Brice Street
Greensboro, NC 27403,1722 Brice Street
Greensboro, NC 27403,1722 Brice Street
Greensboro, NC 27403,1722 Brice Street
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Jason Walters

Jason Walters

+1(252) 904-0357
Listed by Deaton Investment Real Estate
$ 1,335,000
Est. payment | /mo

24 Beds

24 Baths

11,520 SqFt

Save
$ 1,335,000
Est. payment | /mo
Save

24 Beds

24 Baths

11,520 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,520 sqft

Price per Sqft $115

Subdivision Not In A Subdivision

MLS Listing ID 10122059

Style Multi Family

Bedrooms 24

Full Baths 24

HOA Y/N No

Abv Grd Liv Area 11,520

Year Built 1990

Annual Tax Amount $10,654

Lot Size 1.210 Acres

Acres 1.21

Property Sub-Type Apartment

Source Triangle MLS

Property Description

This 12-unit, 24-bedroom property is located within walking distance to the University of North Carolina at Greensboro and within minutes of multiple retail, dining, entertainment and employment centers. The property features identical two-bedroom and two-bathroom units that were last renovated in 2017. Ownership just completed an operational conversion from by-the-bed leases, to by-the-unit leases. The property is now 100% leased with an average rent of $1,125 per unit.

With units now leased by-the-unit, a buyer will benefit from simplified operations on a go-forward basis and has the opportunity to push rents and capture utility income next summer. The offering represents a great opportunity to acquire a stabilized asset, with income upside, in one of North Carolina's growing markets.

Location

State NC

County Guilford

Interior

Heating Central, Heat Pump

Cooling Central Air

Flooring Concrete, Vinyl, Plank

Exterior

View Y/N Yes

Roof Type Shingle

Private Pool No

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories 2

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 7854744586

Special Listing Condition Standard

Doorify MLS / Triangle MLS
Jason Walters

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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