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904 Lowdermilk St
Greensboro, NC 27401
Greenwood Gardens · Multifamily Property For Sale
·
30 Units
Investment Highlights
- ONLY $78K PER UNIT & 9.7% PROFORMA CAP for 30-unit multifamily just outside downtown Greensboro, NC
- 27 of the 30 units have been remodeled with LVP flooring, new cabinets, appliances, fixtures & updated bathrooms, plus all roofs & windows were replac
- Over 20% average rental upside based on local rent comps for 2-BR units offers outstanding value-add investment opportunity
Property Facts
| No. Units | 30 | Lot Size | 2.29 AC |
| Property Type | Multifamily | Building Size | 22,505 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Zoning | R-5 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.29 AC |
| Building Size | 22,505 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | R-5 |
Property Taxes
| Parcel Number | 0021160 | Improvements Assessment | $1,028,400 |
| Land Assessment | $174,600 | Total Assessment | $1,203,000 |
Property Taxes
Parcel Number
0021160
Land Assessment
$174,600
Improvements Assessment
$1,028,400
Total Assessment
$1,203,000
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