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1501 College Way
New Bern, NC 28562
12 College Park Townhomes · Multifamily Property For Sale
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12 Units
Investment Highlights
- Over $88,000 in Capital Improvements in last 9 months
- 7-Plex with 3 - 2 bedroom, 1 bath / 4 - 2 bedroom, 1.5 bath townhomes
- Value Add townhomes with increasing rents, Units #1507 & #1513 recently renovated
Executive Summary
- 12 College Park Townhomes in city limits of New Bern NC - Value Add townhomes with increasing rents, Units #1507 & #1513 recently renovated - Over $88,000 in Capital Improvements in last 9 months: Roofs, Units Remodeled (floors, ceilings, walls), HVAC Roof & Trim Replacement: 7-Plex 11/2019 & 5-Plex 6/2020 Walking distance to new River Place - Publix anchored shopping center
Property Facts
| No. Units | 12 | Building Size | 12,712 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1982/2020 |
| Building Class | C | Parking Ratio | 0.16/1,000 SF |
| Lot Size | 1.50 AC | APN / Parcel ID | 8-208-2-A-001 |
| Zoning | NR6 - City of New Bern NC | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 12,712 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2020 |
| Parking Ratio | 0.16/1,000 SF |
| APN / Parcel ID | 8-208-2-A-001 |
| Zoning | NR6 - City of New Bern NC |
Amenities
Unit Amenities
- Fireplace
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Carpet
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $700.00 | - |
| 2+1 | 8 | $662.50 | - |
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