Map of Property

New Hope Apartments

1225 New Hope Ln, Winston Salem, NC 27105

  • For Sale $580,000
  • Property Type Multi-Family
  • Property Size 6,336 SF
  • Units 8
  • Lot Size 0.49 Acre
  • Parking Spaces Avail. 8
  • Parking Ratio 1.26 / 1,000 SF
  • Year Built 1965
  • Date Updated Apr 23, 2024

100% occupied 8 -plex for sale located in the 27105 zip code. Recent Capital expenditures include new roof, new signage, parking lot resurfacing, fencing and security camera system. 5 units have been renovated allowing for investor upside potential on the renovated units. New Hope Apartments has an asking rate of $569,000 with a cap rate of 5.8%.

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Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Brad Klosterman Is this you?

Commercial Realty Advisors

(336) 793-0890

Location

Getting Around

  • Walk Score ®

    26/100 Car-Dependent

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Winston Salem, NC
  • Neighborhood North East Winston
  • Zip Code 27105
  • Market Winston Salem Greensboro

Points of Interest

  • Liberty Street Citgo

    0.33 miles

  • Petro+

    0.98 miles

  • BP

    0.99 miles

  • BP

    1.36 miles

  • Exxon

    1.37 miles

  • Citgo

    1.40 miles

  • Shell

    1.61 miles

  • Speedway

    1.69 miles

  • Citgo

    1.70 miles

  • Speedway

    1.75 miles

  • Kennedy Campus North Lot 2

    0.60 miles

  • Kennedy Campus North Lot 1

    0.63 miles

  • Krankies Coffee Parking

    1.40 miles

  • Liberty Street Parking

    1.44 miles

  • Government Center Public Parking

    1.47 miles

  • Liberty Plaza Parking

    1.65 miles

  • Faculty, Commuting Student Parking

    1.68 miles

  • Sierra Mist Lot

    1.69 miles

  • Faculty & Staff Parking

    1.70 miles

  • Resident Student Parking

    1.73 miles

  • Marriott

    1.54 miles

  • Hotel Indigo Winston-Salem Downtown, an IHG Hotel

    1.54 miles

  • Embassy Suites by Hilton Winston Salem

    1.56 miles

  • Hampton Inn & Suites Winston-Salem Downtown

    1.65 miles

  • Ramada

    1.67 miles

  • Fairfield Inn & Suites by Marriott Winston-Salem Downtown

    1.72 miles

  • Courtyard Winston-Salem Downtown

    1.79 miles

  • Hawthorne Inn & Conference Center

    1.97 miles

  • The Historic Brookstown Inn | Trademark Collection by Wyndham

    2.01 miles

  • Courtyard by Marriott Winston-Salem University

    2.04 miles

  • Church's Chicken

    0.78 miles

  • McDonald's

    0.91 miles

  • Bojangles'

    0.97 miles

  • Papa Lee's Grill

    0.99 miles

  • Popeyes

    1.08 miles

  • Camel City BBQ Factory

    1.28 miles

  • Bojangles'

    1.38 miles

  • Crafted

    1.40 miles

  • Krankies Coffee

    1.42 miles

  • Sixth & Vine

    1.43 miles

  • Fairview School

    0.29 miles

  • Ashley School

    0.43 miles

  • Woodland School

    0.57 miles

  • Fourteenth Street School

    0.58 miles

  • Atkins High School

    0.60 miles

  • Kennedy Campus

    0.68 miles

  • North School

    0.76 miles

  • Hanes High School

    0.81 miles

  • Lowrance School

    0.88 miles

  • Dreamland Park School

    0.93 miles

Frequently Asked Questions

What is the lease rate for New Hope Apartments?

Rental asking rate at New Hope Apartments is $290,000.00/YR.

What is the total square footage of New Hope Apartments?

New Hope Apartments totals 6,336 square feet.

When was this property built?

New Hope Apartments was built in 1965.

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Contact Listing Broker

broker

Brad Klosterman Is this you?

Commercial Realty Advisors

(336) 793-0890