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Wilmington,NC 28409
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,302 sqft
Price per Sqft $2,150
Subdivision Not In Subdivision
MLS Listing ID 100512238
Year Built 2002
Lot Size 4.360 Acres
Property Description
Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.
Seller's are listing brokers and licensed NC Real Estate Brokers.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-15
Building
New Construction No
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional