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$795,000

  • Sold
  • Closed
  • Apartment
  • 1.87 Acres
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Investor alert-12-unit brick complex in fast-growing Lexington! 101-123 Bay Meadow Ct offers two matching 2-story buildings on a quiet cul-de-sac: six ground-floor and six upper 1 BR/1 BA flats, each with living room and in-unit laundry. Most boast fresh flooring, paint, updated baths & kitchens; three are leasing now to hit 100 % occupancy. Avg rents $825 + with upside toward $900, for Ëœ $120K/yr gross. Separate electric & water meters keep costs down-owner only covers trash & landscaping. Listed $850K = ±8.5 % pro-forma cap with value-add left. Durable brick, vinyl windows, low-care grounds. Quick access to I-85, Toyota Megasite & booming job hubs means strong tenant pool. DO NOT DISTURB RESIDENTS. Agents-see Agent-Only Remarks for showings, rent roll & T-12.

Full Property Details for 101 Bay Meadow Ct

General

  • Sold For: $795,000
  • Taxes: $5,263
  • Status: Closed
  • Type: Apartment
  • Source: Triad_MLS
  • MLS ID: 1185606
  • Added to Site: 206 day(s) ago

Interior

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl

Rooms

Other Rooms

  • Laundry: Washer/Dryer Connection

Parking

  • Garage Description: None
  • Parking Features: Paved, No Garage

Location

  • County: Davidson
  • Driving Directions: Both Brick Buildings are this Apartment.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Heat Pump, Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Two Story
  • Exterior Const.: Brick
  • Year Built: 1986

Lot Features

  • Lot Size (Acres): 1.87
  • Lot Features: Dead End

Financial Considerations

  • Price Per Acre: $425,133.6898
  • Tax Amount: $5,263
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Owner Sale

Listed by Real Broker LLC
Sold by Nonmls

Listing agent

— 101 Bay Meadow Ct —

  • Real Broker LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 101 Bay Meadow Ct

School District:Lexington City Schools
NameGradesDistance
South Lexington School
1000 Cotton Grove Road, Lexington, NC 27292
PK-K0.6 mi
Southwest Elementary School, Lexington, NC
434 Central Avenue, Lexington, NC 27292
1-51.3 mi
Lexington Middle School
100 West Hemstead Street, Lexington, NC 27292
6-82.7 mi
Lexington Senior High School
26 Penry Street, Lexington, NC 27292
9-122.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 101 Bay Meadow Ct

Date
Details
Price
Change
Source
10/07/2025
Sold
$795,000
-6.47%
MLS
6/25/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Real Broker LLC
Sold by Nonmls

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101 Bay Meadow Court, Lexington, NC 27292 (MLS# 1185606) is a Apartment property that was sold at $795,000 on October 07, 2025. Want to learn more about 101 Bay Meadow Court? Do you have questions about finding other Apartment real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.