203 S Jonesville Blvd Jonesville, NC 28642

This multifamily property is offered for sale, presenting a stabilized investment opportunity with potential upside. The property is currently 100% occupied, with average unit rents at $936 per month. Market comparisons suggest that renovated units could achieve rents between $950 and $1,050 per month, indicating a mark-to-market rent growth strategy. The property also includes two unused rooms that offer conversion potential. The property is situated in Jonesville, North Carolina, located in Yadkin County at the intersection of I-77 and US-21, providing regional access. It is approximately 30 minutes from Winston-Salem and less than an hour from Charlotte, making it attractive to tenants seeking affordability with commuter options. The area combines small-town living with employment opportunities. Major local employers include the Walmart Distribution Center, Unifi Manufacturing, and Wilkes Community College. Outdoor amenities such as the Yadkin River, Jonesville Greenway, and Blue Ridge Parkway enhance the area's appeal. The submarket is landlord-favorable, with only 133 multifamily units tracked countywide and a vacancy rate of 2.1%.