Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 2 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 3 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 4 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 5 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 6 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 7 of 8
Apartment at 1963, 1971, 1977 Lakeview Road, Asheboro NC 27203, photo 8 of 8
8 photos

$1,900,000

1963, 1971, 1977 Lakeview Road, Asheboro NC 27203
Asheboro, NC 27203
Listed by Angela Hoke
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1981

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.

Property details

MLS
Triad MLS
MLS #
1222035
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
132
On market date
May 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Balfour Elementary
1.62 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
521
Student:teacher ratio
12.7:1
District
Asheboro City Schools
Middle
North Asheboro Middle
1.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
477
Student:teacher ratio
13.6:1
District
Asheboro City Schools
High
Asheboro High
4.51 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,316
Student:teacher ratio
18.0:1
District
Asheboro City Schools

Walkability

Blended score for Asheboro's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

40
Car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable
Google Places amenity density
53 / 100
Restaurants & cafes8
Grocery stores1
Parks2
Schools3
Transit stops1
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$11,592/mo
$380,000 down
$1,520,000 loan
Principal & interest$9,859
Property tax (est.)$1,583
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated May 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.