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3004 Rent Rd - Rent Rd House Portfolio 5 Unit Apartment Building Offered at $276,800 CAD Yadkinville, NC 27055
Investment Highlights
- 5 houses - one parcel
- Located across the road from Hanover Park Vineyard
- Strong value-add / Repositioning opportunity
Executive Summary
Rare opportunity to acquire a 5-unit residential portfolio at 3004 Rent Rd in Yadkinville. The property consists of five separate rental homes situated on a single parcel, offering scale and flexibility for investors.
One unit is currently rentable, providing immediate income potential, while the remaining four units are in various stages of renovation—either taken down to the studs or ready for full rehab. This presents a true value-add opportunity for an investor to renovate, stabilize, and significantly increase cash flow.
Strategically located directly across from Hanover Park Vineyard, the property benefits from a desirable setting with proximity to local attractions, adding long-term rental appeal.
Ideal for investors looking to execute a repositioning strategy, expand their rental portfolio, or capitalize on forced appreciation through renovations.
One unit is currently rentable, providing immediate income potential, while the remaining four units are in various stages of renovation—either taken down to the studs or ready for full rehab. This presents a true value-add opportunity for an investor to renovate, stabilize, and significantly increase cash flow.
Strategically located directly across from Hanover Park Vineyard, the property benefits from a desirable setting with proximity to local attractions, adding long-term rental appeal.
Ideal for investors looking to execute a repositioning strategy, expand their rental portfolio, or capitalize on forced appreciation through renovations.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 1 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 131619 | Improvements Assessment | $79,884 CAD |
| Land Assessment | $40,458 CAD | Total Assessment | $120,343 CAD |
Property Taxes
Parcel Number
131619
Land Assessment
$40,458 CAD
Improvements Assessment
$79,884 CAD
Total Assessment
$120,343 CAD
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3004 Rent Rd - Rent Rd House Portfolio
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