LAKES EDGE – 159 UNITS IN GREENSBORO
PRICE:
$
10,435,000
STATUS:
Sold
ADDRESS:
5612 W Market St, Greensboro, NC 27409, USA
OVERVIEW:
SOLD 7/31/19 FOR $10,435,000
($65,629 per unit)
Located between Downtown Greensboro and the Piedmont Triad International Airport, Lakes Edge Apartments offer a convenient W. Market Street location with an attractive mix of one- and two-bedroom units. Built in 1974, the property has been well-maintained and offers the buyer the opportunity to realize income upside through strategic renovations. Amenities include two beautiful lakes, a pool and tennis courts.
Deaton Investment Real Estate was the seller’s agent and the sole broker in this transaction.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 95 | 1 BD/1 BA | 700 SF | $660 MARKET |
| 64 | 2 BD/1 BA | 1,000 SF | $780 MARKET |
PROPERTY INFORMATION
| PIN | 7834685397-000 |
| Tax Value | $4,647,800 |
| Taxes | $64,743.86 |
| Lot Size | 10.55 ACRES |
| Year Built | 1974 |
| Exterior | VINYL |
| Floors | CARPET, VINYL, TILE, LVT |
| Foundation | SLAB |
| HVAC | CENTRAL AIR |
| Utilities | OWNER PAYS WATER |
| Legal Description | LAKES EDGE APTS/W MARKET ST BM49-51 |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER/DRYER CONNECTIONS |
| Sold Date | 2019-07-31 |
| Zoning | RM-18 |
Agent Information Michael Deaton
Location Map
LAKES EDGE – 159 UNITS IN GREENSBORO
Address:
5612 W Market St, Greensboro, NC 27409, USA
Price: $
10,435,000
Unit:
159