$1,580,000
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114, 111, 126 Farmside Drive Forest City, NC 28043
Apartment
Residence
22
Beds
14
Baths
10,910
Sq. Ft.
2
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window unit...s, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
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MLS#
4149916
Property Type
Apartment
Bedrooms
22
Bathrooms
14 Full
Year Built
1980
Square Feet
10,910
sq. ft
Lot Size
2
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