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1620 Spring Garden St
Greensboro, NC 27403
University Court Apartments · Multifamily Property For Sale
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17 Units
Investment Highlights
- Almost 90% Renovated
- Centrally located near UNC Greensboro, downtown, and major employers
- Under-Market Rents ready to increase cashflow!
- This property benefits from consistent rental demand and Triad market growth.
Property Facts
| No. Units | 17 | Building Size | 10,190 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1981/2025 |
| Building Class | C | Parking Ratio | 3.34/1,000 SF |
| Lot Size | 1.29 AC | ||
| Zoning | RM18 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 10,190 SF |
| Average Occupancy | 88% |
| No. Stories | 1 |
| Year Built/Renovated | 1981/2025 |
| Parking Ratio | 3.34/1,000 SF |
| Zoning | RM18 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 15 | $1,150 | 1,014 |
| 2+1 | 2 | $1,100 | 965 |
Property Taxes
| Parcel Number | 0011759 | Improvements Assessment | $995,400 |
| Land Assessment | $278,200 | Total Assessment | $1,273,600 |
Property Taxes
Parcel Number
0011759
Land Assessment
$278,200
Improvements Assessment
$995,400
Total Assessment
$1,273,600
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