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USANCGreensboroNot in a Subdivision1722 Brice St
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$1,335,000

1722 Brice St, Greensboro, NC

Condo

For Sale

$--,---,---
24240
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 11520 sqft
Garage No
Maintenance Fees 
Taxes $10,655
Days Active 2
Approx. Age 1990
Avg. Price Per Sqft $115
MLS® Number 10122059

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This 12-unit, 24-bedroom property is located within walking distance to the University of North Carolina at Greensboro and within minutes of multiple retail, dining, entertainment and employment centers. The property features identical two-bedroom and two-bathroom units that were last renovated in 2017. Ownership just completed an operational conversion from by-the-bed leases, to by-the-unit leases. The property is now 100% leased with an average rent of $1, 125 per unit. With units now leased by-the-unit, a buyer will benefit from simplified operations on a go-forward basis and has the opportunity to push rents and capture utility income next summer. The offering represents a great opportunity to acquire a stabilized asset, with income upside, in one of North Carolina's growing markets.Show Description
MLS® Number10122059
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1990
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Heat Pump
A/CCentral Air
Heating Fuel

Extras

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