244 The Blvd - Apartments FOR SALE


Eden, NC 27288
$314,000 USD
336-345-1500
244 The Blvd, Eden, NC for Sale
$314,000 USD
Apartments - FOR SALE
1/12
null | 7.5% Cap Rate

244 The Blvd
Eden, NC 27288


HIGHLIGHTS

  • Located in the charming area known as "The Boulevard District"
  • Renovations completed Sept. of 2023
  • New Metal Roof--25yr

OVERVIEW

FULLY LEASED. Adaptive Re-use Multifamily Property with two (2) Residential Units & one (Storefront Retail / Office space (Metered Separately) Proximity (1 mi.) to Riverside/Municipal Greenway walking trails and paddling access. Around a 10-minute drive to Nestle Purina Pet Care (Eden, NC); $450 MM investment for a 1.3 million sf facility providing 300 initial jobs Around a 15-minute drive to SOVA/Berry Hill Megasite (Danville, Va); 3,528 acre site bringing thousands of jobs to the area when complete Around 24 mi. to Caesar's Virginia Casino in Danville; bringing thousands of jobs

FOR SALE DETAILS

PRICE

$314,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

2

PRICE/UNIT

$157,000

CAP RATE

7.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

244 The Blvd, Eden (Portfolio 2 of 3)

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,099 SF

ZONING

BC/ED

APN/PARCEL ID

106217

ASK ABOUT THIS PROPERTY

Will BlackwellNAI Piedmont TriadMore Info
336-345-1500

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

Will BlackwellNAI Piedmont TriadMore Info
336-345-1500

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