383 E Williams St - Multi-Family FOR SALE


Angier, NC 27501
$600,000 USD
252-367-1004
383 E Williams St, Angier, NC for Sale
$600,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

383 E Williams St
Angier, NC 27501


HIGHLIGHTS

  • Located 35 minutes to Downtown Raleigh and 40 minutes to Fort Bragg
  • Recently updated with stainless appliances, new paint and carpet
  • 3 leased townhomes in same community

OVERVIEW

Investor Opportunity in Angier! This is your chance to secure a package of 3 fully renovated, tenant-occupied townhomes in the Lake Park Townhomes community—just 35 minutes from downtown Raleigh and directly across from the popular Jack Marley Park. Each unit features 2 bedrooms, 2.5 bathrooms, laminate flooring, fresh paint, new carpet, and stainless steel appliances—making them a low-maintenance investment from day one. Units 383,373 and 391 are currently leased at $1495 per month, providing immediate cash flow. Tenants are responsible for utilities. Use the property manager currently in place or bring your own or self manage. Lake Park Townhomes is a 28-unit community spread across 4 buildings, with an HOA that covers exterior maintenance, landscaping, and roof replacement (current dues: $90/month). Additional renovated units are also available and can be combined into a larger package if desired—giving investors the flexibility to scale their portfolio. Whether you're just getting started or expanding your rental holdings, this is a rare opportunity in a growing submarket with strong rental demand.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

3

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

373, 383 and 391 E Williams

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

04067420050013 21

ASK ABOUT THIS PROPERTY

Stephanie AnsonNorthside RealtyMore Info
252-367-1004

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Stephanie AnsonNorthside RealtyMore Info
252-367-1004

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