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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1963 1971 1977 Lakeview Rd , Asheboro, NC 27203
$1,900,000
Est. Payment: $4,222.22/mo
0 Bed
0 Bath
11100 Sqft
Status: Active | Days on site: 111
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House Description

Investment Opportunity – 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential. All buildings have new roofs. Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .3 acre, 1977 Lakeview was built in 1980 and is .43 acre.

Highlights

Listed by Angela Hoke , 704-707-6632 RE/MAX Executive , 704-540-7500.

Property Type

Multi-Family

Lot/Acreage
1.15

Year Built

1981

County

Randolph

Neighborhood

None

Listing ID

4387198

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Electric Range, Exhaust Hood, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:11100
Below Ground Sq Ft:0
Water:City

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$4,222
Taxes
$1,211

Home Price

$1,900,000

Loan Details

30 yrs
%

Down Payment

20%
$380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,222.22 $1,211.25 $0.00 $5,433.47
Yearly $50,666.67 $14,535.00 $0.00 $65,201.67
Total $1,520,000.00 $436,050.00 $0.00 $1,956,050.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Asheboro, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.