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Browns Summit, NC Apartment Buildings for Sale

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Mcleansville, NC Reidsville, NC Greensboro, NC Gibsonville, NC Sedalia, NC Summerfield, NC Wentworth, NC Asheville, NC
Roadside Motel Converted Multifamily
Updated: Apr 11
Roadside Motel Converted Multifamily

7732 & 7734 US Highway 29, Browns Summit, NC 27214

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2.95 AC lot
Brick apartment building with approx. 3,825 SF: 6 studio apartments (~387.5 SF each) plus one former single‑family unit (~1,500 SF).
Adjacent two‑story restaurant building (built 1947) plus one studio apartment on the ground floor and an approx. 858 SF apartment upstairs.
Former roadside motel conversion built in 1962; six of nine units have been partially refurbished to date.
Recent updates underway/completed: double‑pane window replacements, roof replacement on the restaurant building, exterior repainted; apartment building received a new metal roof.
No central HVAC in either building; each apartment is heated and cooled with freestanding floor units.
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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Browns Summit, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building with 18 Rooms
Apartment Building with 18 Rooms

1012 S Main St, Burlington, NC 27215

$639,900
5,800 sqft

Three-level property with shared kitchen facilities, four full bathrooms, and OI zoning supporting multifamily residential uses.

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9-Unit Apartment Complex
9-Unit Apartment Complex

A-517 Tate St, Greensboro, NC 27403

$1,900,000

Three-building condominium property with updated interiors, private patios, parking, and washer/dryer amenities.

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5-Unit Apartment Building
5-Unit Apartment Building

211 McIver St, Greensboro, NC 27403

$889,000

Multifamily property near a university campus with resident-paid utilities and shared water, sewer, and trash service.

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Apartment Community Under Expansion
Apartment Community Under Expansion

1903 Morningside Drive, Burlington, NC 27217

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Established apartment community offering existing residences alongside additional units under construction.

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Off-Market Properties in Browns Summit, NC

Consider similar Off-Market properties in Browns Summit, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5003 Turnbridge Cir
APARTMENT HOUSE (5+ UNITS)

5003 Turnbridge Cir, Browns Summit, NC 27214-9216

$1,260,000
Estimated value
7,488 sqft 14.69 AC lot
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4926 Black Walnut Ct
APARTMENT HOUSE (UNDER 5 UNITS)

4926 Black Walnut Ct, Browns Summit, NC 27214-9473

$880,000
Estimated value
3,848 sqft 10.01 AC lot
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805 Grentton Pl
APARTMENT HOUSE (5+ UNITS)

805 Grentton Pl, Browns Summit, NC 27214-8519

$1,960,000
Estimated value
19,105 sqft 3.27 AC lot
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4205 Yanceyville Rd
APARTMENT HOUSE (5+ UNITS)

4205 Yanceyville Rd, Browns Summit, NC 27214-9036

$3,510,000
Estimated value
22,728 sqft 11.31 AC lot
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Browns Summit, NC Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Browns Summit, NC on our real estate platform.

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Demographics Overview

Population 15K
Population Growth (5Y) +38.6%
Median Household Income $78,482
College Educated 43.0%

Taxes & Financing

Tax Rate (average for all types) 1.33%
Property Tax per SF $39.83 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Guilford County

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Total CRE Inventory on Market (SF)

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