22 Units within 1 block of each other Multi-Family FOR SALE


Rocky Mount, NC
$1,727,000 USD
252-567-1851
, Rocky Mount, NC for Sale
$1,727,000 USD
Multi-Family - FOR SALE
1/26
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22 Units within 1 block of each other
Rocky Mount, NC


HIGHLIGHTS

  • 2 sets of 2 buildings, only 1 block from each other
  • 22 units with nearly identical 2 bed /1 bath floor plan

OVERVIEW

22 units, 4 total buildings within 1 block of each other 514/520 Cascade Ave: 12 units between the 2 buildings that share an asphalt parking lot 1600 Betz St/700 Nelson St: 10 units between 2 buildings that are connected w/ separate gravel parking lots All units are 2bed/1bath and have mini splits for heating/cooling Units are all the same general layout Each building is on its own lot. 4 lots for a total of 1.54 acres according to Nash County GIS Electricity is individually metered and paid by tenants directly to the provider Water is individually sub-metered 8 vacancies, 14 Occupied units with rents ranging from $750-$850/mo Projected stabilized cap rate of 12.33%

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Ben BraddockBraddock RealtyMore Info
252-567-1851

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Ben BraddockBraddock RealtyMore Info
252-567-1851

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