301 E 12th St - Apartments FOR SALE


Greenville, NC 27858- Downtown Greenville
$2,600,000 USD
336-455-1100
301 E 12th St, Greenville, NC for Sale
$2,600,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

301 E 12th St
Greenville, NC 27858
Downtown Greenville


HIGHLIGHTS

  • Bike or Walk to ECU Main Campus and Downtown Greenville
  • 3 Minutes to ECU Athletic Campus - Dowdy Ficklen Stadium
  • 27 One Bedroom One Bath Units
  • Unfurnished and Furnished Units
  • Washer/Dryer in Each Unit
  • On-Site Parking

OVERVIEW

This 27-unit multifamily property, known as Edge of the Campus, presents a compelling investment opportunity in the heart of Greenville, North Carolina. Positioned within walking distance of East Carolina University’s main campus and downtown Greenville, the property offers a location that consistently attracts student and professional tenants. Residents benefit from proximity to ECU’s athletic facilities, including Dowdy-Ficklen Stadium, which is just three minutes away, as well as the city’s vibrant dining, retail, and entertainment options. The three-story building features a mix of furnished and unfurnished one-bedroom, one-bath units, each equipped with a washer and dryer. On-site parking enhances convenience for tenants, while the property’s walkability score underscores its accessibility to key amenities. With 100% occupancy reported and a strong rental base, this asset provides immediate income stability and long-term growth potential. Situated on 1.07 acres and zoned CDF, the property offers investors a well-maintained structure in a high-demand rental market. Greenville’s expanding economy, driven by healthcare, education, and regional commerce, further supports sustained occupancy and rental performance. This acquisition represents an opportunity to secure a stabilized asset in a market with consistent housing demand and limited comparable supply.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

27

PRICE/UNIT

$96,296

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edge of the Campus

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

CDF

APN/PARCEL ID

015602

ASK ABOUT THIS PROPERTY

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336-455-1100

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336-455-1100

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