Multifamily Property for Sale in High Point, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: High Point, NC 27265

Description

Marcus & Millichap is pleased to present High Point Condos, a portfolio of eight condominium units located in the High Point and Trinity submarkets of the Piedmont Triad. The offering includes seven units in High Point, all built in 2001, and one additional unit in Trinity, built in 1995. Each condo features desirable two- and three-bedroom layouts that cater to a wide renter demographic. The Trinity condo is situated less than 10 miles from the High Point properties, providing investors with operational efficiency and convenient proximity while still offering a degree of geographic diversification within the same regional market. Positioned within the dynamic Greensboro–Winston-Salem–High Point MSA, High Point Condos benefit from access to major employment centers, higher education institutions, and a variety of retail and lifestyle amenities. The High Point units are located near High Point University, local shopping destinations, and growing commercial corridors, while the Trinity property enjoys quick access to I-85, connecting residents to the broader Piedmont Triad region. Together, these assets offer investors a stable, well-located opportunity in one of North Carolina’s most balanced and resilient multifamily markets. Investment Highlights: • Portfolio of seven 2001-built condos in High Point and one 1995-built unit in Trinity. • All two- and three-bedroom layouts ideal for strong tenant demand. • Convenient access to U.S. 70 and I-74 for regional connectivity. • Less than 5 miles from Downtown High Point and 20 miles from Greensboro. • Located in stable, high-demand Triad submarkets with steady rent growth.

Market Context

This multifamily in High Point, NC is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in High Point, NC — <a href="/search/sale/multifamily/north-carolina/high-point">view the full market</a>.

As of Q4 2019, the Greensboro / Winston-Salem multifamily market showed average asking rents near $1913.00/unit/mo, and rents up 0.3% year over year. Source: Cushman & Wakefield Q4 2019 market report.

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