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159 Wellingham Avenue, Greenville, NC 27834
80 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 54,720 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Cap Rate:
- No. Stories:
- Year Built:
- Lot Size:
- 4.64 AC
- Listing ID
- Last Updated
- over 1 year ago
- Three miles south of downtown Greenville and ECU.
- Quality all-brick exterior construction with vinyl covered trim.
- Close to schools, shopping, entertainment, restaurants.
- Open steel exterior stairways with metal entry doors.
- Area of new development and upscale single family homes.
- Purchase price is below today’s replacement cost.
Built in 1999, Wellingham Apartments is an 80-unit apartment community situated on 4.6361 acres and is comprised of five (5) two-story garden-style buildings that have a total of 80 apartment units consisting of 60 one-bedroom one-bath units and 20 two-bedroom one-bath units. The individual apartments feature vaulted ceilings on second floor units, spacious covered patios or decks, oversized closets, range, refrigerator, dishwasher, washer-dryer connection, and cable connection.
Wellingham Apartments is located in Greenville, which is in the north central coastal plain region of Eastern North Carolina, approximately 85 miles east of Raleigh, the capital city of North Carolina, 87 miles west of the Atlantic Ocean, and 265 miles south of our nation's capital. Greenville is the home of East Carolina University ( ECU ) with a current student enrollment exceeding 23,000. The property is located off South Evans Street just three miles south of the downtown historic district and the ECU campus, and one mile south of Greenville Boulevard (Interstate 264), a major commuting route which allows easy access to Raleigh to the west and the North Carolina coast to the east.
Map of 159 Wellingham Avenue, Greenville, NC 27834 (Pitt County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P