UNIVERSITY HILL – 28 UNITS IN GREENSBORO, N.C.

PRICE:
$ 2,550,000
STATUS:
Sold
ADDRESS:
512 S Mendenhall St, Greensboro, NC 27403, USA
OVERVIEW:

SOLD 4/16/21 FOR $2,550,000
$91,071 per unit

Deaton Investment Real Estate was the exclusive listing broker for the seller and the sole broker in this off-market transaction.

The University Hill Apartments are located one block east of the University of North Carolina at Greensboro in the Historic College Hill Neighborhood near downtown Greensboro. Built in 1971, the property features a mix of one- and two-bedroom floor plans with hardwood floors. The property has been well-maintained, but there exists an opportunity to increase income by raising rents with strategic physical improvements.

 

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
4 UNITS 1 BD/1 BA 750 SF $675 AVG.
24 UNITS 2 BD/1 BA 815 SF $725 AVG.
PROPERTY INFORMATION
PIN 7864245348
Tax Value $1,111,200
Taxes $3,480.97
Lot Size 1.08 ACRES
Year Built 1971
Exterior BRICK, VINYL
Floors HARDWOOD, TILE, VINYL
Foundation CRAWL
HVAC CENTRAL A/C, HEAT PUMP
Utilities OWNER PAYS WATER AND TRASH
Legal Description UNIVERSITY HILL APTS
Appliances RANGE, REFRIGERATOR
Sold Date 2021-04-16
Zoning MULTIFAMILY

Location Map

UNIVERSITY HILL – 28 UNITS IN GREENSBORO, N.C.
Address: 512 S Mendenhall St, Greensboro, NC 27403, USA Price: $ 2,550,000 Unit: