SOLD ON 10/14/2021 for $24,500,000
$110,360 per unit
Deaton Investment Real Estate represented the buyer is this off-market transaction. The seller was represented by Apartment Dynamics. Lindsey Manor is located in the growing suburb of Kernersville, N.C. Situated midway between Greensboro and Winston-Salem, the property offers convenient access to some of the Piedmont-Triad’s largest employment centers. Built in 1984, the property features brick, two-story construction with an attractive mix of one-, two-, and three-bedroom floorplans. Nestled in a quiet setting the grounds offer a pool, playground, picnic areas and grilling stations.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 64 UNITS | 1BD/1BA | 545-600 SF | $835-$840 |
| 130 UNITS | 2BD/1BA, 2BD/1.5BA, 2BD/2BA | 735-905 SF | $890-$955 |
| 28 UNITS | 3BD/1.5BA, 3BD/2BA | 930-976 SF | $1075-$1185 |
| PIN | 6886-30-2154 |
| Tax Value | $8,527,000 |
| Taxes | $108,100.41 |
| Lot Size | 15.44 ACERS |
| Year Built | 1984 |
| Exterior | BRICK VENEER |
| Floors | CARPET, VINYL |
| Foundation | CONCRETE SLAB |
| HVAC | HEAT PUMP |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | LINDSAY MANOR APTS LO101 BL5404B BU1 |
| Appliances | RANGE, REFRIGERATOR, WASHER & DRYER CONNECT |
| Sold Date | 2021-10-14 |
| Zoning | RM-18 |
Agent Information Michael Deaton