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West End Lofts 1008 Rucker St 18 Unit Apartment Building For Sale Greensboro, NC 27407
Investment Highlights
- Clean Operations with Zero Delinquency that is 100% Occupied
- Self-Managing, Local Ownership with Zero Deferred Maintenance
- 7-min to UNCG and DT Greensboro
- Immediate Day 1 Cash Flow with a 7.24% In-Place Yield at Ask Price
- Assumable Agency Financing at 70%+ LTV of Ask Price
- Proximity to Four Seasons Mall and big retail: Sam’s Club, Best Buy, Home Depot, Lowe’s Costco
Executive Summary
Strong Cash-Flow Producing Asset with 100% Occupancy in the Heart of Greensboro
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 18 | Lot Size | 1.27 AC |
| Property Type | Multifamily | Building Size | 11,670 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1999 |
| Zoning | RM18 | ||
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.27 AC |
| Building Size | 11,670 SF |
| No. Stories | 2 |
| Year Built | 1999 |
| Zoning | RM18 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Patio
- Porch
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 710 |
| 1+1.5 | 16 | - | 838 |
Property Taxes
| Parcel Number | 0033265 | Improvements Assessment | $1,337,500 |
| Land Assessment | $133,700 | Total Assessment | $1,471,200 |
Property Taxes
Parcel Number
0033265
Land Assessment
$133,700
Improvements Assessment
$1,337,500
Total Assessment
$1,471,200
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West End Lofts | 1008 Rucker St
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