For Sale: Multifamily Investment in Winston-Salem, NC | Bidding Opens: April 9th | Significant Income Upside

2056 Swaim Rd Winston-Salem, NC 27106

2056 Swaim Rd, Winston-Salem, NC, 27106
2056 Swaim Rd, Winston-Salem, NC, 27106
FOR SALE Auction Property
Property Type:
MultiFamily Apartments
Amount:
$1,500,000
Last Verified:
Apr 26, 2019

Built in the 1983, the property has been exceptionally well-maintained and demonstrates favorable operational momentum in the trailing months. Drafting off this positive trend, the asset offers new ownership significant income upside from minor operational improvements and a market proven unit interior renovation program.

 

The Property is located in close proximity to an abundance of local area employers and Class A retail in Winston-Salem, North Carolina.

 

Investment Highlights:

            • Well-Positioned Asset Poised for Value-Add Program
            • $360k+ of Capital Projects Completed Since 2017
            • Organic Rent Growth through Proactive Management

 

 

 

About the Heather South Apartments:

            • Multifamily Type: Garden-Style
            • Number of Units: 67
            • Number of Buildings: 8
            • Number of Floors: 2
            • Land Area: 7.23 Acres
            • Occupancy: 89.71%

 

 

 

 

 

 

  

 

 

To learn more, visit: http://bit.ly/2HkimsR


Additional URLs

Map of 2056 Swaim Rd, Winston-Salem, NC, 27106

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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