902 Culbreth Ave 6 Unité Immeuble d’appartements 791 505 $ CAD (131 917 $ CAD/Unité) 5,38% Taux de capitalisation Thomasville, NC 27360

This 6-unit apartment complex at 902 Culbreth Avenue in Thomasville, NC presents a compelling investment opportunity in the heart of the North Carolina Triad. The property consists of five 2-bedroom/1-bath units and one 3-bedroom/1.5-bath unit, totaling nearly 6,000 square feet. Each unit is individually metered for utilities and features central HVAC, washer/dryer connections, and modern finishes, ensuring operational efficiency and tenant appeal.
Constructed in 2004 with a full brick exterior, metal roof, and vinyl windows, the property offers durability and minimal long-term capital expenditures. The site spans 0.43 acres and includes an asphalt parking lot and attractive landscaping. With pro forma rents of $900 for 2-bedroom units and $1,050 for the 3-bedroom unit, the property is positioned for immediate income growth and value-add potential through modest updates.
Located within easy reach of Winston-Salem, Greensboro, and High Point, the property benefits from strong regional connectivity and access to major highways. This stabilized, low-maintenance asset offers investors a rare combination of current income and upside potential in a growing market.