Rare 11-unit brick apartment building in the heart of Burlington NC. Steps from the central business district and LabCorp HQ. 6 one bedrooms units & 5 studio apartments with recently upgraded units.
Nice, walkable neighborhood short distance from restaurants, shops and bars. Potential for short term rental, Executive rental or AirBnb!
210 E Morehead St Burlington, NC 27215
Units = 11 / Bedrooms = 11 / Bathrooms = 11
Size of Building (Sq Ft) = 7,911
Lot size: .64 acres / 27,791 SF
Occupancy = 100% Occupied
Rent Roll: Rents below market. Also avg nightly rate for Airbnb or STR is $125/night
Water: Owner pays water $313/mo
Common area electric: Owner pays $97/mo
100 Ivey Rd Graham NC, 8 Unit, sold for $750,000 3/16/2022
We encourage you to do your own due diligence, as your budget/estimates may differ from ours!
FOR MORE INFORMATION CALL TO MAKE AN OFFER:
CALL Polite Properties at 336-396-8713 or EMAIL Dedric@politeproperties.com
FOR MORE OFF-MARKET WHOLESALE DEALS:
Sign up for our VIP Cash Buyers list at www.reicashbuyer.com
BIDS & OFFERS:
If you prefer not to bid against other investors, offers may be accepted before the showing date. If accepted, the contract will be assigned and a private walkthrough will be scheduled.
We are selling our assignable purchase agreement on this property.
A $3,000 non-refundable deposit is required upon acceptance of the offer. Call to schedule a showing. Do not show up to the property without an appointment.