Property profile

18 Sails Way Greensboro, NC 27406

OFF-MARKET
Apartment buildings
Property ID
US53-1328113
18,300 SF 10.09 ac lot Built 1984
Entity Owned 19-yr Hold Absentee Owner
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1984
Total area 18,300 SF
Lot 10.09 ac (439,520 SF)
Zoning code RM-12
APN 93250
UPID US53-1328113

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Complex Apartment Building
  • Apartment Complex

Location

18 Sails Way Greensboro, NC 27406-7009
Greensboro metro Census 16800 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2006
3 recorded transactions
2022
Price N/A
2017
Price N/A
2006
Price N/A

Zoning & alternative use

RM-12 · Greensboro, NC
Zoning description

The RM-12, Residential Multi family district is primarily intended to accommodate multi family and other residential uses

General category RESIDENTIAL

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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