Incoming Producing Portfolio of 10 Units

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30772328
Status: Pending/Contingent
Number of Units: 10 Units
Building Size (RSF): 10,718 SF
Gross Building Area: See Agent
Sale Price: $1,985,000
Unit Price: $198,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 5/10/2022

Overview / Comments

Investors take note. Portfolio consists of 8 units in McClelland Townhomes, 1 unit in Echo Farms, 1 unit in Cobblestone. All 10 units are currently leased. All leases can transfer and buyer can continue with current management company if desired. The leases for 8 of the units are up for renewal with increased rents starting in Spring 2022.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Taxing Authority: City of Wilmington
Tax ID/APN: R04910-008-039-000,R04910-008-040-000,R04910-008-045-000,R04910-008-046-000,R04910-008-049-000,R04910-008-050-000,R04910-008-071-000,R04910-008-085-000,R06019-003-010-012, R06519-002-001-006
Percent Occupied: 100%
Property Condition: Average

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,350 47,820 118,684
Median Age: 42.9 40.32 37.02
Households: 2,283 21,173 51,118
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