Historical Multifamily Sale Listing - Spring Valley Apartments

Multifamily For Sale

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Spring Valley Apartments

400 W Meadowview Rd, Greensboro, NC 27406

N/A

56 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
56
Building Size:
1,111 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Auction:
Yes
Listing ID
16662274
Last Updated
over 1 year ago

Description

We on behalf of a large national financial institution, the unique opportunity for qualified parties to acquire at auction Spring Valley Apartments, a 56-unit apartment complex located in Greensboro, NC. The property consists of seven, two-story apartment buildings having a total of 56 garden units ranging from 700 SF to 813 SF per unit. All of the units include two bedrooms and one bathroom and are being advertised for rent for $495 / month.

Spring Valley Apartments was built in 1969 and was constructed with concrete slab flooring and wood framing. The exterior walls on the buildings are brick and wood with wood trim. The roof systems are wood trusses and decking with composition shingles for roof cover.

The most recent appraisal indicates a market value of $1,670,000 (As-Is) as of December 15, 2009. Due diligence materials are available exclusively online at

The Property is located close to Piedmont Triad International Airport and offers superior access from I-40 and I-85. The property benefits from desirable frontage and visibility from West Meadowview Road.

Map of 400 W Meadowview Rd, Greensboro, NC 27406 (Guilford County)

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Created 4/26/2010