229 Wilson St NW - Multi-Family FOR SALE


Lenoir, NC 28645
$1,350,000 USD
828-386-8522
229 Wilson St NW, Lenoir, NC for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

229 Wilson St NW
Lenoir, NC 28645


OVERVIEW

Multi-Unit Investment Opportunity with Expansion Potential This is a rare opportunity to acquire a multifamily property that offers both immediate cash flow and future development upside. Located on a parcel previously approved for 15 residential units, this offering includes a completed 7-unit building Property originally part of a larger 15-unit development plan Zoning approval already secured for full build-out In-progress legal separation of the two buildings to allow for individual sale or acquisition —— Purchase both buildings together as a value-add multifamily investment OR acquire either: The completed 7-unit building for turnkey income The unfinished structure for a build-to-suit or investment project ***** Listing price is for the 7 units finished building

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

7

PRICE/UNIT

$192,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential

APN/PARCEL ID

09-32-1-2

ASK ABOUT THIS PROPERTY

John GhencianEurostar Construction IncMore Info
828-386-8522

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John GhencianEurostar Construction IncMore Info
828-386-8522

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