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Ridge Creek Townhomes 1104 Brooksridge way 13 Unit Apartment Building $3,525,000 ($271,154/Unit) 6.50% Cap Rate Whitsett, NC 27377
EXECUTIVE SUMMARY
Welcome to the newly built Brook Ridge Way community in Whitsett! Completed in 2025 and currently in its lease-up phase, this 13-unit property is a prime investment offering a solid 6.5% cap rate. It features a mix of three-bedroom, three-bath units and two-bedroom, two-and-a-half-bath units, all designed with modern amenities and quality finishes. Plus, it's part of a homeowners association to ensure a well-maintained community environment.
Perfect for investors seeking a strong return, Brook Ridge Way is an excellent opportunity to add a high-quality asset to your portfolio. Reach out today for more details!
Perfect for investors seeking a strong return, Brook Ridge Way is an excellent opportunity to add a high-quality asset to your portfolio. Reach out today for more details!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Oven
- Freezer
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Pool
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 10 | $2,100 | - |
| 3+3 | 3 | $2,200 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,200
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Ridge Creek Townhomes | 1104 Brooksridge way
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