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High Point Condos 2612 Guyer St 8 Unit Apartment Building $1,200,000 ($150,000/Unit) 6.11% Cap Rate High Point, NC 27265
INVESTMENT HIGHLIGHTS
- Portfolio of seven 2001-built condos in High Point and one 1995-built unit in Trinity.
- Convenient access to U.S. 70 and I-74 for regional connectivity.
- Located in stable, high-demand Triad submarkets with steady rent growth.
- All two- and three-bedroom layouts ideal for strong tenant demand.
- Less than 5 miles from Downtown High Point and 20 miles from Greensboro.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present High Point Condos, a portfolio of eight condominium units located in the High Point and Trinity submarkets of the Piedmont Triad. The offering includes seven units in High Point, all built in 2001, and one additional unit in Trinity, built in 1995. Each condo features desirable two- and three-bedroom layouts that cater to a wide renter demographic. The Trinity condo is situated less than 10 miles from the High Point properties, providing investors with operational efficiency and convenient proximity while still offering a degree of geographic diversification within the same regional market.
Positioned within the dynamic Greensboro–Winston-Salem–High Point MSA, High Point Condos benefit from access to major employment centers, higher education institutions, and a variety of retail and lifestyle amenities. The High Point units are located near High Point University, local shopping destinations, and growing commercial corridors, while the Trinity property enjoys quick access to I-85, connecting residents to the broader Piedmont Triad region. Together, these assets offer investors a stable, well-located opportunity in one of North Carolina’s most balanced and resilient multifamily markets.
Positioned within the dynamic Greensboro–Winston-Salem–High Point MSA, High Point Condos benefit from access to major employment centers, higher education institutions, and a variety of retail and lifestyle amenities. The High Point units are located near High Point University, local shopping destinations, and growing commercial corridors, while the Trinity property enjoys quick access to I-85, connecting residents to the broader Piedmont Triad region. Together, these assets offer investors a stable, well-located opportunity in one of North Carolina’s most balanced and resilient multifamily markets.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Apartment |
| Price Per Unit | $150,000 | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.11% | Building Size | 59,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2001 |
| Price | $1,200,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 6.11% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 59,000 SF |
| No. Stories | 2 |
| Year Built | 2001 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | - | 1,067 |
| 3+2 | 4 | - | 1,174 |
| 2+1 | 1 | - | 900 |
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High Point Condos | 2612 Guyer St
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