201-217 Sunn Aire Ct - Apartments FOR SALE


Wilmington, NC 28405
$5,300,000 USD
919-610-2695
201-217 Sunn Aire Ct, Wilmington, NC for Sale
$5,300,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

201-217 Sunn Aire Ct
Wilmington, NC 28405


HIGHLIGHTS

  • UNIQUE OPPORTUNITY FOR 26 CONDO UNITS within a 27-unit condo rental complex in Wilmington, North Carolina
  • ABILITY TO OWN ENTIRE COMPLEX because the owner of the 27th unit is also ready to negotiate and sell
  • OUTSTANDING UPSIDE POTENTIAL based on current average rent at $1,187 with several existing tenants between $1,500 ~ $1,650 rents
  • SPACIOUS 2-BEDROOM FLOOR PLANS with ample closet space, efficient layouts and stackable washer/dryer included in every unit
  • LOCATED IN THE HEART OF WILMINGTON NC with close proximity to downtown, Riverwalk, numerous shops, restaurants and more

OVERVIEW

UNIQUE OPPORTUNITY FOR 26 CONDO UNITS within a 27-unit condo rental complex in Wilmington, North Carolina, with ability to own ENTIRE COMPLEX because the owner of the 27th unit is ready to negotiate and sell!

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

26

PRICE/UNIT

$203,846

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunn Aire

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MF-M

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mike SicilianoApartment CoreMore Info
919-610-2695

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Mike SicilianoApartment CoreMore Info
919-610-2695

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