Log In/Sign Up
Your email has been sent.
Willow Creek 301 Wheel Hollow Trl 17 Unit Apartment Building $1,950,000 ($114,706/Unit) Sanford, NC 27330
Investment Highlights
- PRICE REDUCED ON 17-UNIT MULTIFAMILY just south of the Raleigh-Durham MSA
- PRICED TO SELL WITH STRONG RENTAL UPSIDE based on current average in-place rent at $1,062 with some units renting between $1,150-$1,200
- SINGLE FAMILY HOUSE READY FOR RENOVATION to help increase income and capitalize on Sanford's rising rental market
- INCLUDES 16 TOWNHOME UNITS + SINGLE FAMILY HOUSE all on one parcel by historic downtown Sanford, including numerous local eateries, pubs, shops and mo
- NEW INSURANCE QUOTE CUTS COST NEARLY IN HALF, along with other income potential, offers excellent opportunity to boost NOI
Executive Summary
PRICE REDUCED ON 17-UNIT MULTIFAMILY just south of the Raleigh-Durham MSA!
Property Facts
| Price | $1,950,000 | Building Class | C |
| Price Per Unit | $114,706 | Lot Size | 2.33 AC |
| Sale Type | Investment | Building Size | 20,000 SF |
| No. Units | 17 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1978/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.35/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RESIDENTIA | ||
| Price | $1,950,000 |
| Price Per Unit | $114,706 |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.33 AC |
| Building Size | 20,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2023 |
| Parking Ratio | 1.35/1,000 SF |
| Zoning | RESIDENTIA |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 16 | - | 1,000 |
| 3+1 | 1 | - | 1,350 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9643-42-0504-00 | Improvements Assessment | $897,900 |
| Land Assessment | $116,400 | Total Assessment | $1,014,300 |
Property Taxes
Parcel Number
9643-42-0504-00
Land Assessment
$116,400
Improvements Assessment
$897,900
Total Assessment
$1,014,300
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Willow Creek | 301 Wheel Hollow Trl