703 Davidson St
703 Davidson Street, Thomasville, NC 99611
Marketing description
Available for the first time since its original construction (2002) - 703 Davidson Street, Thomasville NC. This opportunity offers a rare combination of stabilized income, turnkey physical condition, and immense income growth.
Built in 2002 and under the same professional management for over two decades, this full-brick apartment complex is a low-maintenance, high-efficiency asset located in the heart of the growing North Carolina Triad.
The property is positioned for immediate income growth. By adjusting current rents to the market rate of $900 per month, a new owner can capture significant upside potential with minimal renovation.
Location Advantage:
Situated in Thomasville, this property benefits from being a bedroom community for nearby cities of Winston-Salem, Greensboro, and High Point. This location offers convenient access to major highway corridors connecting Triad Cities, making it a prime location for the Triad's workforce.
Investment highlights
- Stabilized income generating apartments
- Full brick exterior, vinyl windows, and asphalt shingle roofing
- Full utility separation including water for management simplicity
- Each apartment features central HVAC, washer/dryer connections within a quiet and private residential feeling.
- Exceptionally maintained inside and outside with attractive landscaping and asphalt parking lot in good condition.
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