301 Wheel Hollow Trl - Apartments FOR SALE
Sanford, NC 27330 |
$1,950,000 USD
919-610-2695
301 Wheel Hollow Trl
Sanford, NC 27330
HIGHLIGHTS
- PRICE REDUCED ON 17-UNIT MULTIFAMILY just south of the Raleigh-Durham MSA
- INCLUDES 16 TOWNHOME UNITS + SINGLE FAMILY HOUSE all on one parcel by historic downtown Sanford, including numerous local eateries, pubs, shops and mo
- PRICED TO SELL WITH STRONG RENTAL UPSIDE based on current average in-place rent at $1,062 with some units renting between $1,150-$1,200
- NEW INSURANCE QUOTE CUTS COST NEARLY IN HALF, along with other income potential, offers excellent opportunity to boost NOI
- SINGLE FAMILY HOUSE READY FOR RENOVATION to help increase income and capitalize on Sanford's rising rental market
FOR SALE DETAILS
PRICE
$1,950,000 USD
PRICE/SF
$98 USD /SF
# OF UNITS
17
PRICE/UNIT
$114,706
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Willow Creek
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1978
PARKING SPACES
27
LAND DETAILS
LAND ACRES
2.33 AC
LAND SF
101,495 SF
ZONING
RESIDENTIA
APN/PARCEL ID
9643-42-0504-00
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919-610-2695
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919-610-2695
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