CEDAR VIEW APARTMENTS – 66 UNITS IN WINSTON-SALEM, NC
PRICE:
$
5,445,000
STATUS:
Sold
ADDRESS:
2367 Bethabara Rd, Winston-Salem, NC 27106, USA
OVERVIEW:
SOLD 7/13/2023 FOR $5,445,000
$82,500 per unit
Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Located in Winston-Salem, N.C., Cedar View Apartments features all brick exteriors and a mix of one-, two-, and three-bedroom floorplans. Built in 1971, the property has all brick exteriors and a total of 66 units situated on a 6.53 acre site. This offering represents a great opportunity to increase income through strategic value-add improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 3 UNITS | 1BD/1BA | 650 SF | $640 |
| 54 UNITS | 2BD/1.5BA | 800 SF - 1,100 SF | $785-$850 |
| 1 UNIT | 2BD/2BA | 1,100 SF | $875 |
| 8 UNITS | 3BD/2BA | 1,500 SF | $945 |
PROPERTY INFORMATION
| PIN | 6818-40-3356 |
| Tax Value | $2,553,400 |
| Taxes | $33,546.57 |
| Lot Size | 6.53 ACRES |
| Year Built | 1971 |
| Exterior | BRICK |
| Floors | CARPET, VINYL, LVP |
| Foundation | CRAWL |
| HVAC | CENTRAL A/C, HEAT PUMPS |
| Utilities | OWNER PAYS WATER, SEWER AND TRASH |
| Legal Description | CEDAR VIEW APTSLO103 BL3456 BU1 |
| Appliances | RANGE, REFRIGERATOR, W/D CONNECTIONS |
| Sold Date | 2023-07-13 |
| Zoning | RM-12 |
Agent Information Michael Deaton
Location Map
CEDAR VIEW APARTMENTS – 66 UNITS IN WINSTON-SALEM, NC
Address:
2367 Bethabara Rd, Winston-Salem, NC 27106, USA
Price: $
5,445,000
Unit:
66