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.
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 |
Agent Information Thomas T Furlow
Location Map
UNIVERSITY HILL – 28 UNITS IN GREENSBORO, N.C.
Address:
512 S Mendenhall St, Greensboro, NC 27403, USA
Price: $
2,550,000
Unit: