1105 Alamance Church Rd

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1105 Alamance Church Rd

Greensboro, NC 27406
Asking Price
$1.26M
Asset Type
Multifamily
Class
Class B

What's Special

1105 Alamance Church Road is situated in Southeast Greensboro, a region characterized by a blend of established residential neighborhoods and industrial corridors. The property offers direct access to Interstate 40 and Interstate 85, facilitating transit to downtown Greensboro and the broader Piedmont Triad region. Local amenities within a three-mile radius include several municipal parks, grocery-anchored shopping centers, and elementary schools. The location is served by the Greensboro Transit Agency, providing public transportation options along major nearby thoroughfares. As a multifamily asset, this location is suited for workforce housing or mid-market rental units. The proximity to major logistics hubs and distribution centers makes the site practical for commuters employed in the regional transportation and manufacturing sectors. Typical tenants likely include small households or individuals seeking functional housing with convenient highway access. The property’s positioning supports long-term residential use consistent with the surrounding medium-density zoning and the area's established demand for rental inventory.

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NOI
$80,000
Cap Rate
6.35%
DSCR
1.07
Tight
Cash-on-Cash
1.37%
Monthly Payment
$6,233.793
Annual Cash Flow
$5,194.49

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