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200 Memorial Park Dr
Thomasville, NC 27360

Memorial Park · Multifamily Property For Sale · 14 Units

Investment Highlights

  • SELLER FINANCING AVAILABLE AT 6% INTEREST based on 25% down, 5-year term and 20-year amortization!!
  • Excellent value-add opportunity by adding curb appeal and updating units to push rents
  • 7.35% CAP RATE for 14-unit multifamily only two blocks from downtown Thomasville, North Carolina

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.63 AC
Building Size 12,000 SF
Average Occupancy 85%
No. Stories 2
Year Built 1985
Parking Ratio 1.5/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-080-0-00A-0029-0-0-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$474,920

zoning

Zoning Code R6
R6
  • Listing ID: 33193879

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 200 Memorial Park Dr, Thomasville, NC 27360

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