Myers Park

195 Myers Park Drive, North Wilkesboro NC 28659

$ 2,650,000

Myers Park

195 Myers Park Drive, North Wilkesboro NC 28659
ASSET TYPEGarden Apartments
PRICE$ 2,650,000
PER UNIT$ 55,208
TOTAL UNITS48
OCCUPANCY96%
YEAR BUILT1972
MARKETWestern North Carolina
STATUSAvailable

Highlights

➤ 6.82% CAP RATE on this 48-unit multifamily in N. Wilkesboro, west of the Triad (Greensboro/Winston-Salem/High Point)

➤ Only $55k/unit with an extremely stable rental history, lots of long-term tenants and third-party management in place

➤ All one-level units with direct ground floor access, ideal for a wide tenant pool including seniors and mobility-challenged

➤ Less than 2 miles from vibrant Downtown North Wilkesboro with lots of shops, restaurants, breweries and more

➤ Very well-maintained asset in a smaller market with solid employers including Tyson Foods, Lowes Customer Support Center, Wilkes Regional Medical Center and Wilkes Community College

Photos

Financials

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Location

Contact

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com