Description
Investment Opportunity – 16 Apartment Units Across 2 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 16 individual apartment units located across 2 separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs. Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for both buildings. Tax value is for the 2 buildings together. Insurance is for both buildings combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures. Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. All buildings have new roofs. Acreage is for all 2 properties combined. 1955 Lakeview was built in 1972 and is .43 acre, 1967 Lakeview was built in 1980 and is .3 acre. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential.
Address
Open on Google Maps-
Address: 1955 1967 Lakeview Road
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City: Asheboro
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State/county: NC
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Zip/Postal Code: 27203
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Area: NONE
Details
Updated on May 29, 2026 at 2:13 pm-
Property ID 4387146
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Price $1,520,000
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Property Size 8800 m²
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Year Built 1980
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Property Type Apartment, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash
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Roof Architectural Shingle
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Sewer Public Sewer
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Cooling Window Unit(s)
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Heating Baseboard
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County Randolph
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Contact Information
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