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402 Old Causeway Rd
Atlantic Beach, NC 28512
Channel Bay · Multifamily Property For Sale
·
155,000 SF
Property Facts
| Property Type | Multifamily | Building Size | 155,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1984 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| Lot Size | 2.25 AC | ||
| Zoning | SFR | ||
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.25 AC |
| Building Size | 155,000 SF |
| Year Built | 1984 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | SFR |
About 402 OLD CAUSEWAY RD , ATLANTIC BEACH, NC 28512
- High Density Zoning (5,000 SF Lots) - Inter-coastal Water Frontage - Outstanding Waterway Views - Stabilized Investment Opportunity - Turn-Key Investment Grade Asset - Strong Yields - Cap Rate 6.25% - Pro-Forma Cap Rate 10.17% - Total Return 11.14% - Pro-Forma Total Return 26.82% - Build-Out Potential: 26-28 Townhomes - Rents Paid Annually - Low Ownership Costs - Atlantic Beach, North Carolina
Property Taxes
| Parcel Number | 6375.08.87.1723000 | Improvements Assessment | $140,193 |
| Land Assessment | $0 | Total Assessment | $140,193 |
Property Taxes
Parcel Number
6375.08.87.1723000
Land Assessment
$0
Improvements Assessment
$140,193
Total Assessment
$140,193
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