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Spring Valley Apartments
Spring Valley Apartments
$
10,800,000
Elkin, North Carolina
Multifamily
1985
Vintage
SF
126
Units
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About the property
TrueRate sourced a California based buyer for a deal in a tertiary market in NC
This 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
Property Information
Units:
126
Year Built:
Square Feed:
Occupancy:
Year Renovation:
Acres:
Investment Highlights
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Samuel R. Finkler
Senior Vice President, Investment Sales
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