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 |
| Zoning: |
VARIOUS |
| Percent Occupied: |
100% |
| Property Condition: |
Average |
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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