物业游览
将于11月13日星期一和11月21日星期二上午10点至下午1点提供。请联系名上市经纪人进行安排。
投资亮点
专为增值投资者提供的难得的巨大机会,在纽约州格林斯博罗。
距离I-40不到1英里,距离市中心、UNCG和格林斯博罗体育馆只有很短的车程。
物业可以产生超过10%的无杠杆平仓现金,无杠杆的内部收益率为15%以上
投资概况:春天庄园公寓位于北卡罗来纳州格林斯博罗,是一个很大的机会。春天庄园提供了一个非常难得的机会,通过重新定位物业来创造出色的现金流和价值。由于管理不善和资金不足,这个综合大楼目前关闭了。目前的业主已经督促和监督了所有非付费/逾期付款租户的搬离,并处理了所有未解决的准则问题。入住率最近已上升至39%。每单位需要约10,000美元进行翻新,升级到正常的市场标准,但是一旦稳定(估计为3年),该物业可以产生超过10%的无杠杆现金回报率和15%+的无杠杆内部收益率。添加适当的杠杆可能会使这些回报显着提高。
距离I-40不到半英里,距离市中心、UNC-格林斯博罗以及格林斯博罗综合体馆不到10分钟,春天庄园公寓有能力吸引需要入驻格林斯博罗中心的租户。这处物业还靠近兰德尔曼路和南尤金街附近的零售和购物场所。该物业背靠宁静的社区和公园。
Property Tours
Will be offered on Monday, November 13th and Tuesday, November 21st between 10am to 1pm local time. Please contact the listing broker to schedule.
Investment Highlights
Rare and tremendous upside opportunity for a value-add investor in Greensboro, N.C.
Located less than 1 mile from I-40 and within short driving distance to downtown, UNCG and the Greensboro Coliseum Complex
Property could generate unleveraged cash on cash in excess of 10% and unleveraged IRR of 15% or more
Investment OverviewRare and tremendous opportunity to acquire, Spring Manor Apartments, located in Greensboro, NC. Spring Manor is the hard to find opportunity to create exceptional cash flow and value by re-positioning the property. Due to poor management and underfunding, this complex was foreclosed. Current ownership has overseen the removal of all non-paying/late paying tenants and has addressed all outstanding code issues. Occupancy has recently been increased to 39%. Approximately $10,000 per unit is needed for renovation and upgrade to normal market standard, but at stabilization (estimated at 3 years), the property could generate an unleveraged cash on cash return in excess of 10% and an unleveraged IRR of 15%+. Adding appropriate leverage could push these returns measurably higher.
Less than ½ mile from I-40 and less than 10 minutes from downtown, UNC-Greensboro, and the Greensboro Coliseum Complex, Spring Manor Apartments is well positioned to attract tenants who need to close access to the heart of Greensboro. This property also benefits from close proximity to retail and shopping along Randleman Road and South Eugene Street. The property backs up to tranquil neighborhood and park. This property will be auctioned on Monday, November 27 - Wednesday, November 29 . The price displayed is the starting bid amount of $300,000. For information and to register to bid on this property, please visit Ten-X.com.