1352 Briles Drive

Asheboro NC 27205

0.76 ac.

Apartment

Currently for sale - view listing

Overview

Price reduced due to finding issues in the crawl space. Please see attached documents and Agent Only Remarks. Presenting a remarkable opportunity to acquire a fully-leased, 6- 1 Bedroom-unit apartment complex located just outside Asheboro city limits. Each one-bedroom unit includes a stove and refrigerator, providing basic amenities that meet the needs of individuals seeking affordable housing options. It's nestled in a serene neighborhood, offering residents a quiet and peaceful living environment, allowing it to maintain strong occupancy rates. Rates ranging from $550 to $695, delivering a stable & impressive net income of $3600 gross/month offering both consistent cash flow & potential for future appreciation. See attached documents for 2023 & 2024 P&L reports, Rent Roll and a list of improvements since December of 2020. Don't miss out on this excellent opportunity to expand your real estate holdings with a property that promises continued success and growth. Selling "AS-IS"

Features

0.76 ac. lot size

Apartment

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Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Tammy Fox

at Keller Williams Central

View listing

Sales:: (619) 566-0008

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