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Back 101 Bay Meadow Ct
Off Market

101 Bay Meadow Ct

Lexington NC 27292

1.87 ac.
Apartment
Last sold for $795,000
Landon StoneLandon Stone, last sold this property on 07 October 2025 after 103 days on market.

Overview

Investor alert—12-unit brick complex in fast-growing Lexington! 101-123 Bay Meadow Ct offers two matching 2-story buildings on a quiet cul-de-sac: six ground-floor and six upper 1 BR/1 BA flats, each with living room and in-unit laundry. Most boast fresh flooring, paint, updated baths & kitchens; three are leasing now to hit 100 % occupancy. Avg rents $825 + with upside toward $900, for ˜ $120K/yr gross. Separate electric & water meters keep costs down—owner only covers trash & landscaping. Listed $850K = ±8.5 % pro-forma cap with value-add left. Durable brick, vinyl windows, low-care grounds. Quick access to I-85, Toyota Megasite & booming job hubs means strong tenant pool. DO NOT DISTURB RESIDENTS. Agents—see Agent-Only Remarks for showings, rent roll & T-12.

Features

1.87 ac. lot size
Apartment

Estimated Value

We need at least 3 similar apartments sold in Lexington over the last 12 months.

Property history for 101 Bay Meadow Ct

2025
Sold
$795,000
07 Oct 2025 by Landon Stone, of Real Broker LLC
2022
Sold
Undisclosed
14 Dec 2022
2018
Sold
$335,000
24 Aug 2018 by Josh Hill, of Keller Williams Realty

Happy sellers in Lexington

94%
94% of sellers in Lexington reported that their sale price either exceeded or met their price expectations.

Lexington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Lexington over the last 12 months.

Local market activity for apartments in Lexington

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lexington

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NANCY M ANDERSON

NANCY M ANDERSON is a recommended agent for Lexington.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Lexington
  •  1 Sale in Lexington
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Diana Brandon

Diana Brandon is an award winning recommended agent for Lexington.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (17 reviews)
  •  1 Review in Lexington
  •  1 Sale in Lexington
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Ashley Renn

Sellers who recommend Ashley Renn have praised them for being local expert, responsive, supportive, clear communication, attentive, stress-free process, and friendly

  •   4.9   (66 reviews)
  •  1 Review in Lexington
  •  1 Sale in Lexington
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Linda Lanier

Linda Lanier is a recommended agent for Lexington.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (40 reviews)
  •  1 Review in Lexington
  •  1 Sale in Lexington
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