Academy Street Apartments

Strategically located in the Town of Jefferson, Academy Street Apartments occupies three buildings along Academy Street and Long Street within the established Ashe County market. The location provides convenient access to US Highway 221, connecting the property to nearby employment centers, commercial services, shopping, dining, and other amenities throughout Jefferson and the surrounding area. Its proximity to local employers and everyday conveniences supports the property's appeal to a broad residential tenant base.Excellent opportunity to acquire Academy Street Apartments, a 36-unit, 57-bedroom market-rate multifamily community in Jefferson, North Carolina. Built in 2019, the property consists of three buildings totaling approximately 24,264 SF and features a diversified unit mix of 18 one-bedroom/one-bathroom, 15 two-bedroom/one-bathroom, and three three-bedroom/two-bathroom apartments. The property is in above-average condition and benefits from municipal water and sewer service provided by the Town of Jefferson. With 100% occupancy, relatively recent construction, and convenient access to local employers and US Highway 221, Academy Street Apartments presents an attractive opportunity to acquire an established multifamily investment in Ashe County.