407 Maides Ave - Apartments FOR SALE


Wilmington, NC 28405- Creekwood
$3,000,000 USD
910-443-5368
407 Maides Ave, Wilmington, NC for Sale
$3,000,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

407 Maides Ave
Wilmington, NC 28405
Creekwood


OVERVIEW

Presenting an excellent investment opportunity in the heart of Wilmington. This well-diversified multifamily property consists of 10 buildings and 19 units, offering a robust blend of 1, 2, and 3-bedroom layouts. Wilmington has a strong need for affordable housing as the population is continuing to rise. This location is minutes from downtown and easy access to I40, 74, and 421. 407 Maides Ave consists of 10 individual buildings and 19 units. There are (8) one bedroom, one bathroom, (6) two bedroom, one bathroom, and (5) 3 bedroom, one bathroom. The rental addresses associated with this parcel are below: 406 Henry St 410 Henry St 414 Henry St 418 Henry St 426 Henry St 430 A Henry St 430 B Henry St 434 A Henry St 434 B Henry St 438 A Henry St 438 B Henry St 407 A Maides Ave 407 B Maides Ave 407 C Maides Ave 407 D Maides Ave 415 A Maides Ave 415 B Maides Ave 415 C Maides Ave 415 D Maides Ave Current leases & rent roll available upon request

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

19

PRICE/UNIT

$157,895

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.34 AC

LAND SF

101,930 SF

ZONING

R-5,RESIDE

APN/PARCEL ID

R04909-010-027-000

ASK ABOUT THIS PROPERTY

Connor BennettBlue Coast CommercialMore Info
910-443-5368

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Connor BennettBlue Coast CommercialMore Info
910-443-5368

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