CEDAR HILL APARTMENTS – 36 UNITS IN THOMASVILLE, NC
PRICE:
$
3,100,000
STATUS:
Sold, Off Market
ADDRESS:
212 Arthur Drive, Thomasville, NC, USA
OVERVIEW:
SOLD: 10/22/24 FOR $3,100,000, or $86,111/unit
Deaton GREA represented the seller and was the sole broker in this off-market transaction. Located in Thomasville, N.C., Cedar Hill Apartments are conveniently located within the greater Triad market of Greensboro, Winston-Salem and High Point. Built in 1982, Cedar Hill features a mix of 24, two-bedroom flats and 12, two-bedroom, townhome-style floorplans. This asset offers the opportunity to increase income through operational and strategic value-add improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 24 | 2 BD/1 BA | 770 SF | $880 AVG |
| 12 | 2 BD/1.5 BA | 895 SF | $940 AVG |
PROPERTY INFORMATION
| PIN | 6786-01-49-7844 & 6786-01-49-5830 |
| Tax Value | $1,746,350 |
| Taxes | $23,663.04 |
| Lot Size | 2.74 ACRES |
| Year Built | 1982 & 1984 |
| Exterior | BRICK |
| Floors | LVP, CARPET, VINYL |
| Foundation | SLAB, CRAWL |
| HVAC | CENTRAL AIR, HEAT PUMPS |
| Utilities | OWNER PAYS TRASH |
| Legal Description | P=11-22 BC L103&104A BK2563-2046&2053 & P=11-22 BC L104 BK2563-2046&2053 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER CONNECTIONS |
| Sold Date | 2024-10-22 |
| Zoning | MF |
Agent Information Thomas T Furlow
Location Map
CEDAR HILL APARTMENTS – 36 UNITS IN THOMASVILLE, NC
Address:
212 Arthur Drive, Thomasville, NC, USA
Price: $
3,100,000
Unit:
36