718 Sunset Ave - Apartments FOR SALE
Rocky Mount, NC 27804 |
$1,160,000 USD
252-567-1851
718 Sunset Ave
Rocky Mount, NC 27804
HIGHLIGHTS
- 718 Sunset Avenue is home to the Fox Fire Apartments, a 16-unit apartment complex offering one and two-bedroom apartments.
- Monday through Saturday, Tar River Transit buses make stops through every part of the city.
- The majority of the units are rented on month-to-month terms below market rate, presenting immense upside to tap into.
- Located about 60 miles east of Raleigh, Rocky Mount is a growing city in a prime location in both Nash and Edgecombe counties.
OVERVIEW
The Fox Fire Apartments is a 16-unit apartment building with growth opportunities near Downtown Rocky Mount and Rocky Mount Mills. The unit mix consists of 12 two-bedroom/ one-bathroom apartments and four one-bedroom/ one-bathroom apartments. Four units have central heating and air conditioning, and 12 units have central gas heat and window unit AC. Ideally located in Rocky Mount, NC, residents have access to several parks and city amenities. Raleigh is about 60 miles west of Rocky Mount, and Greenville is 43 miles southeast via US Route 64.
FOR SALE DETAILS
PRICE
$1,160,000 USD
PRICE/SF
$76 USD /SF
# OF UNITS
16
PRICE/UNIT
$72,500
CAP RATE
9.69%
% LEASED
94%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Fox Fire Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1910
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,394 SF
ZONING
R6
APN/PARCEL ID
3850-18-31-6989
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
252-567-1851
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
252-567-1851
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
