Commercial Real Estate

Oakmont Apartment Complex

1502 Sherwood Drive
Reidsville, NC 27302
For more information contact Barnett Properties
  

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48 Unit Garden Apartment Complex. 1000 +/- sf units. Rents range from $450/mo - $495/mo. Construction is slab on grade, wood frame and brick veneer. Each unit has washer and dryer connections inside the apartment. Kitchens are fully equipped. All units are in very good condition and have a large balcony or patio off the living room. Each unit has a large private storage room conveniently located just outside the front door. Reidsville is a community of 15,000 in Rockingham, County, North Carolina. It is a part of the Triad region of the state. Reidsville' s proximity to Greensboro positions it well for future growth. Greensboro lies in Guilford County and the fastest growing part of Greensboro and the county is in the northern part of the city/county. Reidsville is in the path of that residential boom. The heart of Greensboro is less than 25 miles from Reidsville and is quickly accessible via US 29, a four lane highway. The Triad area has been very successful in attracting new employers in recent years. Dell opened a plant just west of Greensboro in the fall of 2005. Federal Express already has a significant ground operation in Greensboro and will open a 1,000,000 square foot air hub at the piedmont Triad Airport in mid-2009. Greensboro is in the top spot for Honda to locate its facility to build the HondaJet, a new entrant into the business jet market. This light corporate jet is expected to be in full production in 2010. The weather is temperate. Professional and collegiate sports events are available. Mountains and coast are easy drives from Triad. Area is rich in cultural events & venues


Property Type: investment, special purpose
Property Status: sold
Additional Info
PDF description sheet (suitable for print) PDF description sheet (suitable for print)
Information current as of September 1, 2010

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