Multi-Family Investment Opportunity
605 & 808 Culbreth Avenue Thomasville NC 27360
- Price$1,200,000
Two multi-family properties for sale. 605 Culbreth Avenue has 6 townhouse-style units equipped with 2 BR/1.5 BA and private parking in the rear. Each unit is ±950 SF and has a shared rear deck. 808 Culbreth Avenue has 6 garden-style apartments that are ±750 SF. Each unit has 2 BR/1 BA along with a private parking space. All units have central heat and air, new toilets, and are equipped with washer/dryer hookups. These properties are currently cash flowing with room for growth.
Details
Property Information
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Property Type
Investment
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Building SF
10,200
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Total # of Units
12
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Buildings
2
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Electrical/Water
Paid by Tenant
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Trash
Paid by Landlord
Tax Information
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Tax PIN
6788-03-11-7185, 6788-03-21-9239
Pricing & Terms
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Price
$1,200,000
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NOI
$84,446
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Cap Rate (Actual)
7.04%
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Comments
Two multi-family properties for sale. 605 Culbreth Avenue has 6 townhouse-style units equipped with 2 BR/1.5 BA and private parking in the rear. Each unit is ±950 SF and has a shared rear deck. 808 Culbreth Avenue has 6 garden-style apartments that are ±750 SF. Each unit has 2 BR/1 BA along with a private parking space. All units have central heat and air, new toilets, and are equipped with washer/dryer hookups. These properties are currently cash flowing with room for growth.