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512 S Mendenhall
Greensboro, NC 27403
University Hill Apartments - PRINCIPALS ONLY · Multifamily Property For Sale
·
28 Units
Property Facts
| No. Units | 28 | Building Size | 24,000 SF |
| Property Type | Multifamily | Average Occupancy | 82% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 1.08 AC | ||
| Zoning | RM-26 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.08 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 82% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RM-26 |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
- Laundry Service
- Wi-Fi
About 512 S MENDENHALL , GREENSBORO, NC 27403
PRINCIPALS ONLY PLEASE. University Hill Apartments is located within short walking distance of Greensboro College and UNCG. Despite the close proximity to colleges, units are leased per apartment and not per bedroom. Rents include water, cable, and internet. The tenants are responsible for their own electricity. The buildings all have newer roofs and windows. HVAC and water heaters are mixed ages. There is a coin laundry facility on site with 2 washers and 2 dryers. Units all have dishwashers. The property is self-managed, but has been well maintained. Moderate updates will help new ownership garner premium rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $650.00 | 800 |
| 2+1 | 24 | $712.50 | 800 - 825 |
Property Taxes
| Parcel Number | 0006096 | Improvements Assessment | $2,097,900 |
| Land Assessment | $150,000 | Total Assessment | $2,247,900 |
Property Taxes
Parcel Number
0006096
Land Assessment
$150,000
Improvements Assessment
$2,097,900
Total Assessment
$2,247,900
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