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.

Link To Tax Records
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

Location Map

LAKES EDGE – 159 UNITS IN GREENSBORO
Address: 5612 W Market St, Greensboro, NC 27409, USA Price: $ 10,435,000 Unit: