704-804-3342
3309 Landmark St, Greenville, NC for Sale
Apartments - FOR SALE
1/6
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3309 Landmark St
Greenville, NC 27834
Southwest Greenville


OVERVIEW

Ivy Court Apartments is a 48-unit, garden-style multifamily community located at 3309 Landmark Street in Greenville, North Carolina. The property has demonstrated strong occupancy and consistent collections, providing investors with a stable, cash-flowing asset in one of North Carolina’s fastest-growing secondary markets. Greenville continues to benefit from the presence of East Carolina University (ECU), ECU Health Medical Center, and Pitt Community College, which collectively generate sustained rental demand. The city’s diversified economy—anchored by education, healthcare, and advanced manufacturing—supports long-term population growth and above-average rental fundamentals, making it an attractive market for multifamily investment. Ivy Court represents a compelling value-add opportunity. Current rents remain below market, allowing investors to capture upside through targeted interior upgrades such as LVP flooring, cabinet refinishing, hardware replacement, and appliance packages. Competing properties have proven the success of these improvements, demonstrating significant rent premiums can be achieved with a modest capital program. Strategically located within minutes of major employers, retail corridors, and Greenville’s universities, Ivy Court offers investors a stabilized, income-producing asset with both immediate cash flow and meaningful long-term appreciation potential.

FOR SALE DETAILS

PRICE

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# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ivy Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.89 AC

LAND SF

125,819 SF

ZONING

R6

APN/PARCEL ID

047570

ASK ABOUT THIS PROPERTY

John BerginWaterstone Multi-Housing AdvisorsMore Info
704-804-3342

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John BerginWaterstone Multi-Housing AdvisorsMore Info
704-804-3342

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