Ridge Place

113 Ridge Place, Greenville NC 27834

$ 1,335,000

Ridge Place

113 Ridge Place, Greenville NC 27834
Asset Type
Townhome Apartments
Price
$ 1,335,000
Per Unit
$ 74,167
Total Units
18
Year Built
1979-1980
Market
Eastern North Carolina
Status
In Contract

Highlights

6.0% CAP RATE on this 18-unit Townhome rental community in Greenville, North Carolina
Significant capital improvements since 2019 including all new roofs, all new windows and all new vinyl siding
Below market rents averaging only $650 for spacious 2-BR/1.5-BA townhome units, offers lots of upside potential
Great value-add opportunity by adding curb appeal and improving the units while maximizing rents
Located about 2 miles from Downtown Greenville and East Carolina University (ECU), with shops/restaurants/conveniences all nearby

Photos

Financials

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Location

Contact

TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

919-861-9730 x2
Mike@ApartmentCore.com

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