306 W Pine St - Apartments FOR SALE


Goldsboro, NC 27530
$1,050,000 USD
561-513-3868
306 W Pine St, Goldsboro, NC for Sale
$1,050,000 USD
Apartments - FOR SALE
1/10
null | 7.08% Cap Rate

306 W Pine St
Goldsboro, NC 27530


HIGHLIGHTS

  • Prime location less Than One Hour from Raleigh, NC, Providing Access to a Major Economic Hub
  • Minutes from Seymour Johnson Air Force Base, a Key Regional Employer with over 12,500 Personnel
  • Walking Distance to Downtown Goldsboro, Offering Employment, Retail, Dining, and Entertainment Options
  • Less than two minutes to I-795 and Other Major Highways, Ensuring Quick Connectivity to Raleigh and other MSAs

OVERVIEW

Marcus & Millichap is pleased to present West Pine Lofts, an 18-unit multifamily property located in Goldsboro, North Carolina. Positioned less than one hour from Raleigh, the property provides convenient access to one of North Carolina’s fastest-growing metropolitan areas. With immediate access to I-795 and other major highways, the property ensures seamless connectivity to Raleigh and other major MSAs. Additionally, West Pine Lofts is just minutes from Seymour Johnson Air Force Base, a major economic driver and top employer in the region, employing approximately 5,300 active-duty personnel, 5,100 family members, 1,200 civilians, and 900 reservists. Moreover, the property is within walking distance of Downtown Goldsboro, offering residents proximity to employment, retail, dining, and entertainment options. The combination of a stable tenant base, strategic location, and potential for increased revenue positions this 18-unit asset as an attractive investment opportunity in an expanding North Carolina market.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

18

PRICE/UNIT

$58,333

CAP RATE

7.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Pine Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

CBDH

APN/PARCEL ID

2599743619

ASK ABOUT THIS PROPERTY

Matthew RiceMarcus & MillichapMore Info
561-513-3868

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Matthew RiceMarcus & MillichapMore Info
561-513-3868

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