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Tamara's Apartments 400 Berryman St 13 Unit Apartment Building $1,200,000 ($92,308/Unit) Greensboro, NC 27405
Investment Highlights
- 6.5% GOING-IN CAP RATE WITH STRONG UPSIDE for this 13-unit multifamily within a good overall location of Greensboro, North Carolina
- SOLID BRICK CONSTRUCTION with some exterior updates and all 2-BR units for wide tenant appeal
- CAN BE PURCHASED INDIVIDUALLY OR COMBINED with one or more of the following Greensboro multifamily properties: McArthur / Ryan Street / Woodcrest
- CLOSE PROXIMITY TO VILLAGE AT NORTH ELM featuring luxury residential, upscale shopping, several restaurants and eateries, Harris Teeter grocery and mo
- EASY ACCESS TO ALL SURROUNDING AREAS within a rapidly growing North Carolina MSA
Executive Summary
6.5% GOING-IN CAP RATE WITH STRONG UPSIDE for this 13-unit multifamily within a good overall location of Greensboro, North Carolina!
Property Facts Under Contract
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $92,308 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.17 AC |
| No. Units | 13 | Building Size | 10,275 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1964 |
| Zoning | RM-18 | ||
| Price | $1,200,000 |
| Price Per Unit | $92,308 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 10,275 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Zoning | RM-18 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0044893 | Improvements Assessment | $363,600 |
| Land Assessment | $108,100 | Total Assessment | $471,700 |
Property Taxes
Parcel Number
0044893
Land Assessment
$108,100
Improvements Assessment
$363,600
Total Assessment
$471,700
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Tamara's Apartments | 400 Berryman St
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