Description
Investment Opportunity – 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three 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 all 3 buildings. Tax value is for all 3 buildings together. Insurance is for all 3 building 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. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential. All buildings have new roofs. Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .3 acre, 1977 Lakeview was built in 1980 and is .43 acre.
Address
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Address: 1963 1971 1977 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 28, 2026 at 6:21 pm-
Property ID 4387198
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Price $1,900,000
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Property Size 11100 m²
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Year Built 1981
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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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Utilities Cable Available, Electricity Connected
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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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Flooring Carpet, Vinyl
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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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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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