2020 Princess Place Dr - Apartments FOR SALE


Wilmington, NC 28405
$792,000 USD
910-512-2205
2020 Princess Place Dr, Wilmington, NC for Sale
$792,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2020 Princess Place Dr
Wilmington, NC 28405


HIGHLIGHTS

  • Great location.
  • Income producing.

OVERVIEW

Income generating property located close to Downtown, Burnt Mill Creek and Soda Pop District. This Community Business zoned property is currently operating as a short-, mid- and long-term income rental property. There are three units that total 2015 Square Feet. The property is well maintained and units have been nicely updated. There is off-street parking. The zoning opens up a number of other opportunity or one could continue the ongoing operations.

FOR SALE DETAILS

PRICE

$792,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

3

PRICE/UNIT

$264,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,703 SF

ZONING

CB

APN/PARCEL ID

R04815-017-011-000

ASK ABOUT THIS PROPERTY

Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jeff HovisIntracoastal Realty CorporationMore Info
910-512-2205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.