814 Sunset Ave - Apartments FOR SALE


Rocky Mount, NC 27804
$445,000 USD
252-567-1851
814 Sunset Ave, Rocky Mount, NC for Sale
$445,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

814 Sunset Ave
Rocky Mount, NC 27804


OVERVIEW

Braddock Realty presents: 814 Sunset Ave is a 6-unit multifamily building in Rocky Mount renovated in 2022-2023 with granite countertops, new flooring, and updated systems. Three units are currently occupied (2, 3, and 5) and three are vacant and rent-ready (1, 4, and 6), offering a buyer immediate lease-up upside. At market rents and full occupancy, stabilized pro-forma Cap Rate of 10.80% Window AC units and baseboard heat Common water connection - water/sewer is billed to tenant by landlord; tenants pay electric individually to utility provider

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

6

PRICE/UNIT

$74,167

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6-Unit w/ Rent Ready Vacancies

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R6

APN/PARCEL ID

3850-18-31-2124

ASK ABOUT THIS PROPERTY

Ben BraddockBraddock RealtyMore Info
252-567-1851

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

Ben BraddockBraddock RealtyMore Info
252-567-1851

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