Spring Lake, NC 28390,1600 Easterling Drive
Spring Lake, NC 28390,1600 Easterling Drive
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Listed by THE ENTENTE REAL ESTATE GROUP
$ 1,308,127
Est. payment | /mo

0.8 Acres Lot


Save
$ 1,308,127
Est. payment | /mo
Save

0.8 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID LP747320

Year Built 1937

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Multi Family

Source Triangle MLS

Property Description

This turnkey 16-unit asset in Spring Lake is best-in-class for the price. Property is fully leased with room for a value add opportunity. Property has been freshly updated, and is situated on over 8 acres of land with optional upside. Nestled adjacent to Fort Liberty, the property benefits from a military population where it is common for tenants pay via BAH allowances, and imbedded into an area that is constantly modernizing and growing with new housing and new commercial construction. Location helps to minimize vacancy exposure. The area has logged double-digit rent growth in the past year.

Location

State NC

County Cumberland

Zoning RR - Rural Residential

Exterior

Private Pool No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Others

Tax ID 9592935903.000

Special Listing Condition Standard

Doorify MLS / Triangle MLS
agent-avatar

+1(252) 904-0357

jason@waltersteam.com

526 E Nash Street, Hope, NC, 27882, United States

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1600 Easterling Drive