729 Fisher Ferry StThomasville, NC 27360

This exceptional investment opportunity presents a six-unit apartment complex located at 729 Fisher Ferry Street, Thomasville, NC 27360. Built in 2022, this property boasts 5,400 square feet and features six spacious two-bedroom, one-bathroom units, each offering 900 square feet of modern living space. The durable brick exterior and low-maintenance asphalt shingle roof minimize upkeep. Ample parking is available in a well-maintained asphalt lot. Each unit includes central heating and air conditioning and is individually metered for water, sewer, and electricity, reducing operating expenses and promoting tenant accountability. A prominent pylon sign ensures high visibility. The property was placed into service on May 1, 2023, and was fully pre-leased, maintaining a 100% occupancy rate since opening, demonstrating strong demand and stable cash flow. Currently self-managed, its straightforward operation is suitable for absentee owners or professional management firms. The asking price is $950,000, representing a 6.4% capitalization rate. This turnkey investment offers minimal management and maintenance, providing a reliable long-term income stream.