Spring Valley Apartments

  • $10,800,000
Past Transactions Sold
Elkin, Surry County, North Carolina, United States
Past Transactions Sold
Elkin, Surry County, North Carolina, United States
  • $10,800,000
  • Multifamily
  • Property Type
  • 126
  • Residential Units
  • 1985
  • Year Built

Description

Samuel Finkler sourced a California based buyer for a deal in a tertiary  market in NC. Spring Valley Apartments is the largest multifamily property in a  25-mile radius. The property sold at a 5.79% cap rate in a location where investors  typically seek 7%+ cap rate deals.

Details

  • Price: $10,800,000
  • Year Built: 1985
  • Property Type: Multifamily
  • Property Status: Past Transactions, Sold
  • Residential Units: 126
  • City Elkin
  • State/County North Carolina
  • Neighborhood/Area Elkin

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Samuel R. Finkler
  • Samuel R. Finkler