Property summary
This exceptional investment opportunity presents a portfolio of fourteen single-family rental homes situated in desirable North Central and Northeast Greensboro, North Carolina. The properties, located in Guilford County, boast a mix of two and three-bedroom floor plans, with square footage ranging from 720 to 1,860 square feet. The average home size is 1,259 square feet, and the average construction year is 1958. These homes are currently generating below-market rents, presenting a significant value-add opportunity for the astute investor. The portfolio benefits from a strong rental history and professional management, minimizing vacancy risks and maximizing returns. This is a rare chance to acquire a substantial rental portfolio in a tight Greensboro rental market with limited new single-family home development. The properties are conveniently located across various addresses within Greensboro, including but not limited to Albright Dr, Whitman Rd, Wilshire Dr, Argonne Blvd, Bernard St, Boyle Ave, Idlewood Dr, James Pl, Longfellow St, Mayfair Ave, Sandburg Dr, and Wanda Dr, with zip codes spanning 27405, 27406, 27407, and 27408. This portfolio is ideal for expanding an existing rental business or establishing a new one with a single, impactful investment. The current rental income provides a solid foundation, while the potential for rent increases offers significant upside. Don't miss this chance to capitalize on Greensboro's thriving rental market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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