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Active

1963 1971 1977 Lakeview Road

Asheboro, NC 27203

Active 60 days on market Listing ID CAR 303429069

$1,900,000

Est. $10,921/mo See my rate

$171/Sq Ft

11,100 sqft · $171/sqft

— Beds
— Baths
11,100 Sq Ft
$171/Sq Ft
1981 Built
1.15 acres Apartment Listed May 28, 2026 Updated May 28, 2026 HOA None

About This Home

Investment Opportunity – 20 Apartment Units Across 3 Separate Buildings 1 bed 1 bath units. Exceptional opportunity to add to your investment portfolio with 20 individual apartment units located across three separate buildings. Each unit is individually metered for electricity, allowing tenants to pay their own electric expenses and helping reduce owner operating costs.

Water is currently owner-paid. Tax value reflects all buildings together. Square footage is for all 3 buildings.

Tax value is for all 3 buildings together. Insurance is for all 3 building combined for 1 year. This multi-building property offers strong income potential, operational flexibility, and the advantage of diversified unit placement across separate structures.

Ideal for investors seeking a value-add opportunity, long-term hold, or income-producing asset. Don’t miss this chance to own a multi-unit asset with strong investment appeal and future upside potential. All buildings have new roofs.

Acreage is for all 3 properties combined. 1963 Lakeview was built in 1980 and is .42 acre, 1971 Lakeview was built in 1981 and is .

3 acre, 1977 Lakeview was built in 1980 and is .43 acre.

Property Details

Interior Details

Heating
  • Baseboard
Flooring
  • Carpet
  • Vinyl
Roomother
  • Primary Bedroom
  • Bathroom(s)
  • Kitchen
  • Living Room
Laundry Features
  • None
Mainlevelgarageyn
0
Security Features
  • Smoke Detector(s)

Square Footage And Levels

Above Grade Finished Area
11100
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Parking Lot

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Brick Full
  • Wood

Lot And Land

Lot Size Acres
1.15
Lot Size Units
Acres

Basement And Foundation

Foundation Details
  • Slab

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Available
  • Electricity Connected
Water Source
  • City

Financial Information

Citytaxespaidto
Asheboro

Zoning And Restrictions

Zoningspecification
RA-6

Multi Unit Details

Total Number Of Units
20

Listed by Angela Hoke (704-707-6632) · RE/MAX Executive (704-540-7500)

Location

Address
1963 1971 1977 Lakeview Road
City
Asheboro, NC 27203
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Schools

Elementary
Unspecified
Middle
Unspecified
High
Unspecified

School assignments may change. Contact the school district to confirm.

Canopy MLS

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1963 1971 1977 Lakeview Road, Asheboro, NC, 27203

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