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Listed by FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
$ 995,000
Est. payment | /mo
$ 995,000
Est. payment | /mo
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Woodlea
MLS Listing ID LP747639
Year Built 1963
Property Sub-Type Apartment
Source Triangle MLS
Property Description
Welcome to Woodlea Apartments! — 18 spacious units, situated in a quiet neighborhood within walking distance of shopping centers, the YMCA, and FTCC. Each apartment features generous layouts ranging from 1,000 to 1,050 square feet, highlighted by hardwood and tile flooring; equipped with in-home washer/dryer hookups, dishwasher, and large storage closets.Investment highlights include annual gross rent of $145,062 and a Cap rate of approximately 8%. Currently the apartments are at 100% occupancy. Must have 48 hour notice to view the property.
Location
State NC
County Cumberland
Zoning SF6 - Single Family Res 6
Interior
Flooring Hardwood, Tile
Exterior
Utilities Available Natural Gas Not Available
View Y/N Yes
Porch Deck, Front Porch
Private Pool No
Others
Senior Community No
Tax ID 0428314210 & 0428401907
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