THOMASVILLE, NC 27360 - LoopNet · THOMASVILLE, NC 27360. 206 . FOURTH STREET INSTON-SALEM, NORTH...
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206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336.724.1715 · LTPCOMMERCIAL.COM MORE INFORMATION ABOUT THIS VALUATION Aubrey Linville E [email protected] M 336.345.7300 P 336.724.1715 Jordan Cooper E [email protected] M 303.717.3160 P 336.724.1715 14-34 Forsyth Street INVESTMENT OPPORTUNITY FOR SALE THOMASVILLE, NC 27360 PROPERTY HIGHLIGHTS • Fully Leased Multifamily Complex • Eleven Units, Two-Bedroom • Separately Metered Units • Four new HVAC units installed in 2015 • New paint and carpet/flooring in most units INVESTMENT OVERVIEW NOI $54,297.23 Cap Rate 8.01% Price $678,000 Fully leased 11-unit multifamily property located blocks from downtown Thomas- ville, NC. The property contains eight two-story units and three single-story units. Each two-story unit has 2 bedrooms, 1.5 bathrooms. Each single-story unit has 2 bedrooms and 1 bath. Each has a full laundry room and is separately metered for all utilities. Four new HVAC units installed and roof repairs made in 2015. New paint and carpet/flooring in the majority of the units.
Transcript of THOMASVILLE, NC 27360 - LoopNet · THOMASVILLE, NC 27360. 206 . FOURTH STREET INSTON-SALEM, NORTH...
206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM
MORE INFORMATION ABOUT THIS VALUATION
Aubrey Linville
E [email protected] 336.345.7300P 336.724.1715
Jordan Cooper
E [email protected] 303.717.3160P 336.724.1715
14-34 Forsyth Street
INVESTMENT OPPORTUNITY FOR SALE
THOMASVILLE, NC 27360
PROPERTY HIGHLIGHTS
• Fully Leased Multifamily Complex• Eleven Units, Two-Bedroom • Separately Metered Units• Four new HVAC units installed in 2015• New paint and carpet/flooring in most units
INVESTMENT OVERVIEW
NOI $54,297.23
Cap Rate 8.01%
Price $678,000
Fully leased 11-unit multifamily property located blocks from downtown Thomas-ville, NC. The property contains eight two-story units and three single-story units. Each two-story unit has 2 bedrooms, 1.5 bathrooms. Each single-story unit has 2 bedrooms and 1 bath. Each has a full laundry room and is separately metered for all utilities. Four new HVAC units installed and roof repairs made in 2015. New paint and carpet/flooring in the majority of the units.
206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM
TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:
Aubrey [email protected]
Jordan [email protected]
14-34 Forsyth Street
INVESTMENT OPPORTUNITY FOR SALE
THOMASVILLE, NC 27360
206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM
TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:
Aubrey [email protected]
Jordan [email protected]
The information contained herein has been taken from sources deemed to be reliable. Linville Team Partners makes no representation or warranties, expressed or im-plied, as to the accuracy of this information. All information in this document is subject to verification prior to purchase or lease.
14-34 Forsyth Street
INVESTMENT OPPORTUNITY FOR SALE
THOMASVILLE, NC 27360
206 W. FOURTH STREET · WINSTON-SALEM, NORTH CAROLINA 27101 · 336 .724 .17 15 · LTPCOMMERCIAL .COM
TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:
Aubrey [email protected]
Jordan [email protected]
ANNUAL RENTAL INCOME
GROSS INCOME: $65,400.00
EXPENSES
REPAIRS & MAINTENANCE $4,878.03
INSURANCE (EST.) $1,500.00
TAXES $3,008.74
UTILITIES $264.00
GARBAGE SERVICE $1,452.00
PRICING
NOI $54,297.23
SALES PRICE $678,000.00
CAP RATE 8.01%
14-34 Forsyth Street
INVESTMENT OPPORTUNITY FOR SALE
THOMASVILLE, NC 27360
