Property profile

3985 Nc-268 Pilot Mountain, NC 27041

OFF-MARKET
Apartment buildings
18,156 SF 5.37 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents Twin Oaks, a 24-unit apartment building located at 3985 NC-268 in Pilot Mountain, North Carolina, 27041. The property boasts a total of 18,156 square feet situated on a 5.37-acre lot. Comprised of three single-story buildings, Twin Oaks offers a stable income stream with a current Net Operating Income (NOI) of $136,392, resulting in a 6.61% capitalization rate. The asking price is $2,064,000, translating to $86,000 per unit and $113.68 per square foot. This well-maintained property presents a compelling opportunity for investors seeking a strong return on investment in a desirable location. The property's 24 units provide a solid foundation for immediate cash flow, while the substantial lot size offers potential for future expansion or value-add improvements. Located in Stokes County, this multifamily complex benefits from its convenient location in Pilot Mountain, North Carolina. Detailed financial statements are available upon request. This is a turnkey investment ready for immediate ownership.

Property profile

Verified
Property type Apartment buildings
Total area 18,156 SF
Lot 5.37 ac (233,917 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3985 Nc-268 Pilot Mountain, NC 27041
Pilot Mountain metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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