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31883781
31883771

2106 BRISTOL RD, GREENSBORO, NC 27406

MK
MI MI 6502376505
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)
$2,200,000
44 days on market
Updated 44 days ago

2106 BRISTOL RD GREENSBORO NC 27406

Details
APN 7873248288
Property Type Office, Self Storage
Square Footage 15,110
Cap Rate 7.31%
NOI $160,740
Occupancy 73.69%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 8.64%
Pro-Forma NOI $190,000
Year Built 1997
Year Renovated 2005
Buildings 5
Lot Size (SqFt) 13,887
Investment Type Value Add

High-Visibility Value-Add Asset | Storage + Car Wash | Strong In-Place Income with Growth Upside

Marketing description

Call Danielle Moore for all inquiries 586.354.4433

Carolina Pride Self Storage & Car Wash offers a rare opportunity to acquire a dual-income, value-add investment in a high-traffic Greensboro, NC location.

The property features 164 self-storage units (15,110 RSF) currently at 63% occupancy, providing immediate upside through lease-up and rental increases. The site also includes a fully operational car wash with 6 self-service bays, 2 automatic bays, and 7 vacuum stations, creating a diversified and resilient income stream.

Situated on a 2.06-acre site with five buildings, the property benefits from ~24,000 vehicles per day, strong visibility, and easy access.

2025 Financials:

  • Gross Income: $267,855
  • Expenses: $107,781
  • NOI: $160,074

With below-market rents, operational upside, and $250,000 seller financing available, this asset is well-positioned for both immediate cash flow and long-term growth.

Ideal for investors seeking a self-storage investment, car wash investment, or value-add opportunity in a growing Southeast market.

Investment highlights

All inquiries Please Call Danielle Moore at 586.354.44334

Investment Highlights:

  • Dual-Income Asset – Self storage + car wash
  • Seller Financing – $250,000 available
  • Value-Add Opportunity – 63% occupancy
  • NOI: $160,074 (2025)
  • 164 Units | 15,110 RSF
  • 6 Self-Serve Bays + 2 Automatic Bays
  • High Traffic: ~24,000 VPD
  • 2.06 Acres | 5 Buildings
  • Strong Market Fundamentals
  • Passive Income Potential

Listing Contacts

MK
MI MI 6502376505
Realty Executives Home Towne (Shelby)
Listed by Realty Executives Home Towne (Shelby)

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$160,740.00
$13,395.00/mo

Valuation Metrics

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DSCR
7.31%
Cap Rate
7.31%
ROI

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