REYNOLDA MANOR – 86 UNITS IN WINSTON-SALEM, NC

PRICE:
$ 6,800,000
STATUS:
Sold
ADDRESS:
2710 Fairlawn Dr, Winston-Salem, NC 27106, USA
OVERVIEW:

SOLD 12/29/2022 FOR $6,800,000
$79,070 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Reynolda Manor is an 86-unit apartment community located in Winston-Salem, NC. Built in 1965 and 1971, the property features one- and two-bedroom floor plans. This asset represents a great value-add opportunity for an asset in a growing submarket.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
16 UNITS 1BD/1BA 505-764 SF $585-$675
52 UNITS 2BD/1BA 832 SF $725
18 UNITS (TH) 2BD/1.5BA 1,157 SF $850
PROPERTY INFORMATION
PIN 6817-52-6785
Tax Value $2,749,700
Taxes $36,125.56
Lot Size 7.30 ACRES
Year Built 1965, 1971
Exterior BRICK
Floors CARPET, VINYL, LVP
Foundation CRAWL ,SLAB
HVAC WINDOW A/C, HEAT PUMPS, WALL FURNACE HEAT, BASEBOARD HEAT
Utilities OWNER PAYS TRASH
Legal Description REYNOLDA MANOR APARTMENTS LO206 BL3463 BU1
Appliances RANGE, REFRIGERATOR, W/D CONNECTION
Sold Date 2022-12-29
Zoning RM18

Location Map

REYNOLDA MANOR – 86 UNITS IN WINSTON-SALEM, NC
Address: 2710 Fairlawn Dr, Winston-Salem, NC 27106, USA Price: $ 6,800,000 Unit: 86