Multifamily
40 Oaks Portfolio
313 Meredith Ave, Lexington, NC 27292
Listing Price: $1,825,000
Investment Overview
Marcus & Millichap is pleased to present is pleased to present the exclusive opportunity to acquire The 40 Oaks - Lexington Portfolio in Lexington, North Carolina. Located just minutes from downtown Lexington the properties are within walking distance of South Main Street, providing residents with access to an array of retailers and local restaurants, including Village Grill, Rustic Roots, The Eatery, Southern Lunch, ALDI, and CVS. The assets are also in close proximity to I-85 and I-285, providing easy accessibility to many of the area’s top employers as well as Winston-Salem, Greensboro, and Charlotte. Consisting of 23 units, Lexington Portfolio offers residents well maintained, spacious, two-bedroom, 1 bath, duplex/triplex style floorplans. Unit amenities include washer dryer connections, private porches, and storage space. Continued growth within the Lexington market and the property’s strong positioning within the immediate area provides new ownership the outstanding opportunity to increase rents and capitalize upon the growth within the surrounding submarket.
40 Oaks Portfolio
Investment Highlights
- Convenient Location with Easy Accessibility to Major Employers, Retail Corridors, Highways, and Schools
- Desirable Duplex/Triplex Asset with Continued Rent Growth Potential
- Recently Renovated Units
- Strong Market Fundamentals Combined with Growing Demographics in the Surrounding Area
Exclusively Listed By
Listing Price: $1,825,000
Investment Highlights
- Convenient Location with Easy Accessibility to Major Employers, Retail Corridors, Highways, and Schools
- Desirable Duplex/Triplex Asset with Continued Rent Growth Potential
- Recently Renovated Units
- Strong Market Fundamentals Combined with Growing Demographics in the Surrounding Area
Investment Overview
Marcus & Millichap is pleased to present is pleased to present the exclusive opportunity to acquire The 40 Oaks - Lexington Portfolio in Lexington, North Carolina. Located just minutes from downtown Lexington the properties are within walking distance of South Main Street, providing residents with access to an array of retailers and local restaurants, including Village Grill, Rustic Roots, The Eatery, Southern Lunch, ALDI, and CVS. The assets are also in close proximity to I-85 and I-285, providing easy accessibility to many of the area’s top employers as well as Winston-Salem, Greensboro, and Charlotte. Consisting of 23 units, Lexington Portfolio offers residents well maintained, spacious, two-bedroom, 1 bath, duplex/triplex style floorplans. Unit amenities include washer dryer connections, private porches, and storage space. Continued growth within the Lexington market and the property’s strong positioning within the immediate area provides new ownership the outstanding opportunity to increase rents and capitalize upon the growth within the surrounding submarket.
Exclusively Listed By
