NOT LISTED FOR SALE

1019 S Church St Asheboro, NC 27203

-- Bed
-- Bath
-- Sq Ft
1.34 Acres

Last Sold December 15, 2019

Last sale price $999,999

Highlights

  • 1.34 Acre Lot
  • Balcony
  • Carpet
  • No HOA
  • Central Air

About This Home

As of December 2019

Comps purposes only- Investment opportunity in the heart of Asheboro. Brookwood Apartments boasts of extensive renovations in 2013 and a NEW ROOF in 2017. Two buildings comprised of 16 one bedroom units and 8 two bedroom units. Currently managed by local property management company yielding close to a 100% occupancy rate. Financial reports available in attachments.

Last Agent to Sell the Property

Jenna McKenzie

McKenzie Real Estate of NC LLC Listed on: 12/15/2019

Last Buyer's Agent

Kristin Robinson

eXp Realty License #312394

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,851

Year Built

  • Built in 1967

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 289' x 192' x 289' x 211'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 35 Parking Spaces
  • Lighted Parking
  • Paved Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7750782097
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 24 Units
  • 27,817 Sq Ft Building

Building Details

  • 23 Leased Units
  • Electric Expense $2,777
  • Insurance Expense $3,600
  • Maintenance Expense $25,367
  • Water Sewer Expense $3,819
  • Net Operating Income $48,141

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,851

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.34
  • Lot Size: 289' x 192' x 289' x 211'
  • Directions: US Hwy 220 to Hwy 64 East. Left onto South Park St beside Asheboro High School. Right on West Walker Ave. Left onto South Church Street. Property on right on corner of Taft and South Church St.
  • Architectural Style: Two Story
  • Building Stories: 2
  • Year Built: 1967
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_ElevatorYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • TRIADMLS_ApproxSqFtRange: 25000 - 29300
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Lighted, Deck, Paved
  • Total Parking Spaces: 35

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Fee Information

  • Annual Water Sewer Expense: 3819

Lot Info

  • Parcel #: 7750782097
  • Zoning: RA-6
  • TRIADMLS_PlatBook: 98-19
  • TRIADMLS_AcresRange: 1 - 1

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Multi Family

  • Number Of Units Total: 24
  • Electric Expense: 2777
  • Insurance Expense: 3600
  • Maintenance Expense: 25367
  • Property Net Operating Income: 48141
  • Number Of Units Leased: 23

Tax Info

  • Tax Annual Amount: 11851
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.47

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2019 12/15/19 Sold $999,999 0.0% --
12/15/2019 12/15/19 Pending -- -- --
12/15/2019 12/15/19 For Sale $999,999 -- --
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 960273

Triad MLS