Oak Court Apartments & Retail - Investment Sale
Also listed as Retail-Commercial
|Catylist Listing ID:
Mid-Rise, Mixed Use, Other
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$135,000 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
Oak Court Apartments for sale, a 30-unit multifamily complex with a ± 5,920 –square foot retail strip center located on S. Kerr Avenue in Wilmington, NC (the “Property”).
While the Wilmington apartment market continues to be one of the best performing in the country, the Property historically struggled due to former management issues. These issues have recently been resolved, and the asset is now stabilized and in a position to push rents.
The Property benefits from permanent, non-recourse, assumable financing.
Attachments & Media
||RB (CITY OF WILMINGTON)
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