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729 Fisher Ferry St 6 Unit Apartment Building $899,000 ($149,833/Unit) Thomasville, NC 27360
INVESTMENT HIGHLIGHTS
- Provides a reliable long-term income opportunity
- Each unit contains central heart and air, individually metered for water, sewer, and electricity, significantly reducing operating expenses
- . A prominent pylon sign enhances visibility and adds curb appeal, making the property easy to locate.
EXECUTIVE SUMMARY
A Modern 6-Unit Apartment Complex – 100% occupied with increasing rents.
Offered at a 6.4 % CAP rate.
This investment opportunity features six spacious 2-bedroom, 1-bathroom units, each containing 900 SF of modern living space. The property’s exterior showcases durable brick construction with a low-maintenance asphalt shingled roof. Ample frontal parking is provided on a well-maintained asphalt lot, ensuring convenience for tenants and visitors alike.
Offered at a 6.4 % CAP rate.
This investment opportunity features six spacious 2-bedroom, 1-bathroom units, each containing 900 SF of modern living space. The property’s exterior showcases durable brick construction with a low-maintenance asphalt shingled roof. Ample frontal parking is provided on a well-maintained asphalt lot, ensuring convenience for tenants and visitors alike.
PROPERTY FACTS
| Price | $899,000 | Building Class | C |
| Price Per Unit | $149,833 | Lot Size | 0.48 AC |
| Sale Type | Investment | Building Size | 5,400 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Zoning | R6 - Residential |
| Apartment Style | Low-Rise |
| Price | $899,000 |
| Price Per Unit | $149,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 5,400 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | R6 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 900 |
PROPERTY TAXES
| Parcel Number | 16-168-0-006-0009-0-0-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $384,510 |
PROPERTY TAXES
Parcel Number
16-168-0-006-0009-0-0-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$384,510
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729 Fisher Ferry St
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