Log In/Sign Up
Your email has been sent.
Temple Street Apartments 331 Temple St 10 Unit Apartment Building $1,457,102 CAD ($145,710 CAD/Unit) 8.06% Cap Rate Lexington, NC 27292
Investment Highlights
- Ten 2 bed/1 bath units - each ±750 SF
- New Siding
- Washer/dryer connections
- Convenient location to downtown Lexington
Executive Summary
Stable multifamily investment opportunity with upside in Lexington, NC offering great immediate yield. Temple Street Apartments offers ten 2 bedroom, 1 bath units - each ±750 square feet with washer/dryer connections. The property provides convenient access to downtown Lexington, major employers, shops/restaurants, US-64/US-29/I-285, and is walkable to Lexington Middle and High School.
Property Facts
| Price | $1,457,102 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $145,710 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Cap Rate | 8.06% | Building Size | 7,820 SF |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 1.92/1,000 SF |
| Price | $1,457,102 CAD |
| Price Per Unit | $145,710 CAD |
| Sale Type | Investment |
| Cap Rate | 8.06% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 7,820 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 1.92/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11-025-0-00B-0016-0-0-0 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $404,850 CAD |
Property Taxes
Parcel Number
11-025-0-00B-0016-0-0-0
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$404,850 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Temple Street Apartments | 331 Temple St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.