This Multifamily Property is no longer advertised on LoopNet.com.

1225 New Hope Ln
Winston-Salem, NC 27105
New Hope Apartments · Multifamily Property For Sale · 8 Units

Investment Highlights

  • 8 - 2 bedroom / 1 bath units - Fully Occupied
  • 6 of 8 units renovated allowing for new owner upside potential
  • Located within Winston-Salem Neighborhood Revitalization Area
  • CAP X improvements over $29,000 over the last 3 years
  • 2023 Annual Income over $60,000

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.49 AC
Building Size 6,336 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 1.26/1,000 SF
Zoning RM 18

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Walk-Up

Property Taxes

Property Taxes

Parcel Number
6836-63-8583
Land Assessment
$33,000
Improvements Assessment
$409,400
Total Assessment
$442,400
  • Listing ID: 30634393

  • Date on Market: 1/11/2024

  • Last Updated:

  • Address: 1225 New Hope Ln, Winston-Salem, NC 27105

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