Description
This is the investment opportunity you have been waiting for!!! 16 entirely furnished apartments that are fully leased. Currently, the property is utilized as weekly short-term rentals and there are many long term tenants that have been there for years. The apartments have been in the same family since being built and are extremely well maintained. The Office/Laundry/Recreation building was added in 2011/2012. The roofs were replaced in 2021 and the warranty is transferrable to the new owner. Double Pane Windows, Larson Storm/Exterior doors, gutters exterior lighting has all been replaced. Duke Energy is metered separately for each unit. Dan River Water is not currently separated. Septic pumped 2022. All Electric Baseboard Heat/Window A/C Units. Surveillance Cameras in common areas. Showings are available after an offer has been accepted. All units are 1bed 1bath. The owner keeps a waiting list for occupancy. DO NOT DISTURB TENANTS!!!
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0BEDS
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1.5ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This is the investment opportunity you have been waiting for!!! 16 entirely furnished apartments that are fully leased. Currently, the property is utilized as weekly short-term rentals and there are many long term tenants that have been there for years. The apartments have been in the same family since being built and are extremely well maintained. The Office/Laundry/Recreation building was added in 2011/2012. The roofs were replaced in 2021 and the warranty is transferrable to the new owner. Double Pane Windows, Larson Storm/Exterior doors, gutters exterior lighting has all been replaced. Duke Energy is metered separately for each unit. Dan River Water is not currently separated. Septic pumped 2022. All Electric Baseboard Heat/Window A/C Units. Surveillance Cameras in common areas. Showings are available after an offer has been accepted. All units are 1bed 1bath. The owner keeps a waiting list for occupancy. DO NOT DISTURB TENANTS!!!
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Listing information © 2023 Triad MLS, Inc. All rights reserved. Listing provided courtesy of Realty One Group Results Reidsville: [IDXCONTACTINFORMATION]. Information deemed reliable but not guaranteed.