Sixty-eight unit multi-site/multi-family property portfolio investment package located in Wilmington, North Carolina. The portfolio consist of two apartment/condos buildings with twenty-four units. There are five university style condos with a total of ten rental units. There are two-Quadplex, six -Duplex, four Two-Single Family single parcel and five Single Family rentals. Portfolio is currently operating at 98% to 100% occupancy. All properties are located within the Wilmington City limit and have convenient access to public transportation, medical services, shopping and entertainment services. The portfolio has room to improve rent roll and increase income/return.
- Price:
- $10,600,000
- Acreage:
- 4.94
- Year Built:
- 1997
- Listing ID #:
- 100348980
- Street Address:
- 145 Lullwater Dr
- City:
- Wilmington
- State:
- North Carolina
- Postal Code:
- 28403
- County:
- New Hanover
- Subdivision:
- Not In Subdivision
- Listing Status:
- Active
- Listing Type:
- Commercial
- Construction Description:
- See Remarks
- Flooring:
- See Remarks
- Heated Square Footage:
- 54246.00
- Number Of Units:
- 68
- Siding:
- See Remarks
- Type Of Roof:
- See Remarks
- Year Built:
- 1997
- Conforms To Zoning:
- Varies
- Existing Land Use:
- Multi-Family, Single Family
- Lot Description:
- See Remarks
- Lot Square Footage:
- 215203.00
- Road Frontage:
- See Remarks
- For Sale Or Lease?:
- Sale
- Terms:
- Cash, Conventional
- Hoa Fee Includes:
- See Remarks
- Price Per Square Foot:
- 195.41
- Property Taxes:
- $47,412
- Tax Year:
- 2021
- Attic Present:
- See Remarks
- Parking Description:
- See Remarks
- Cooling System:
- See Remarks
- Heating:
- Other-See Remarks
- Utilities:
- See Remarks
- Water Heater:
- See Remarks
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Intracoastal Realty Corp
