4957 and 4959 Hillsboro Ave 28213

Neighborhood: Hidden Valley

Purchased: 2019 - Purchased two parcels with duplexes and one parcel vacant land. Built these units on the vacant land.

Construction Cost: $355,000

Rent: Average Rent $1850. Rented to Section 8 tenants.

Loan: Commercial Loan with a five year balloon; 80/20 LTV

Goal: Sell within the next 2-3 years