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Off Market
1/17

2074 Old Fire Tower Rd
Greenville, NC 27858


OVERVIEW

Waterstone Multi-Family Group is pleased to present Bells Fork Crossing Apartments; a 38 unit garden style property, built in 2002, located in Greenville, NC. This property is comprised of 4 two-story buildings with 1 bedroom/1 bath & 2 bedroom/2 bath units. Bells Fork Crossing is a well maintained, fully stabilized property. The rents are significantly cheaper ($100-$200 per unit) than similar comps in this market and is one of the newer developments within a 4-mile radius. There is also an extra 3.78-acre tract with the capability of holding an additional 14 units. This asset doesn’t require much upkeep and or many additional capital expenditures. Each unit includes a washer/dryer as well as free cable. The utilities are separately metered. Greenville is located just inland off the North Carolina coast, East of I-95 and 85 miles east of Raleigh, NC. It is widely recognized as the cultural, educational and medical hub of Eastern, NC. Greenville has grown to become the 10th largest city in the state and home to over 93,000 residents. It is also home to the 3rd largest university in the state, East Carolina University.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Bells Fork Crossing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

30711

STORIES

2

YEAR BUILT

2002

PARKING SPACES

95

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

044212