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 submarket characterized by a blend of residential pockets and light industrial corridors. The property offers direct proximity to the I-40 and I-85 interchange, facilitating regional access across the Piedmont Triad. Local convenient amenities include the Southeast Shopping Center and various retail options along the nearby Alamance Church Road and South Elm-Eugene Street corridors. The location is served by Greensboro Transit Agency bus routes, providing public transportation links to the downtown district located approximately four miles to the northwest. As a multifamily asset, this location is suited for workforce housing development or long-term rental operations. The property’s accessibility to major logistics hubs and industrial parks makes it an ideal residential choice for commuters employed in the manufacturing and distribution sectors. Given the proximity to surrounding residential infrastructure, the site supports stable occupancy for a tenant profile consisting of local service workers, small families, and professionals seeking a suburban setting with efficient highway connectivity.

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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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