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Executive Summary

152K + Annual income. 10 home portfolio offered are all rented and on the Aspire program formerly Housing Authority of Winston Salem. The houses are on a 3yr auto renew lease. These houses are subsidized through this program and 86% of the monthly income is paid by Aspire, the other 14% is paid by the tenants based on income. These houses get inspected annually to comply with the Housing Standards set forth by the program. These houses have been well maintained and have had many capital improvements over the last 3-5 years. These include roofs, siding, gutters, windows, kitchen cabinets, counters, bathroom vanities, plumbing fixtures, etc. We are currently requesting rent increases to boost the monthly income.

Property Facts

Price $1,415,000
Price / SF $153.80 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 8.41%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 9,200 SF
Total Land Area 2.30 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2325 Okalina Ave, Winston-Salem, NC 27105 Specialty 1,274 SF 1937 -
216 Miami Ave, Winston-Salem, NC 27101 Specialty 1,130 SF 1942 -
2904 Woodleigh St, Winston-Salem, NC 27127 Specialty 1,043 SF 1928 -
4025 Sheraton St, Winston-Salem, NC 27105 Specialty 1,036 SF 1941 -
2408 Dunbar St, Winston-Salem, NC 27105 Specialty 928 SF 1920 -
1546 Argonne Blvd, Winston-Salem, NC 27107 Specialty 864 SF 1957 -
4051 Shamel St, Winston-Salem, NC 27105 Specialty 823 SF 1941 -
2314 Waterbury St, Winston-Salem, NC 27107 Specialty 800 SF 1966 -
2737 Dudley St, Winston-Salem, NC 27107 Specialty 690 SF 1955 -
3615 Hemlock Dr, Winston-Salem, NC 27105 Specialty 612 SF 1949 -
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  • Listing ID: 41722254

  • Date on Market: 8/12/2026

  • Last Updated:

  • Address: Winston-Salem Aspire Portfolio, Winston-Salem, NC

Contact the Sale Advisor

Winston-Salem Aspire Portfolio

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