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$ 2,800,000
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New
Wilmington, NC 28409
1,302 SqFt
UPDATED:
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
Acres 4.36
Lot Dimensions irregular
Source Hive MLS
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.
Seller's are listing brokers and licensed NC Real Estate Brokers.
Location
State NC
County New Hanover
Community Not In Subdivision
Zoning R-15
Direction Pine Grove to Beasley Rd. on right
Building
New Construction No
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Cadence Realty Corporation
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