This Multifamily Property is no longer advertised on LoopNet.com.

4810 Randall Pky
Wilmington, NC 28403
Platos Lofts at Randall · Multifamily Property For Sale · 54 Units

Property Facts

No. Units 54
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 5.70 AC
Building Size 75,348 SF
Average Occupancy 100%
No. Stories 3
Year Built 2015
Parking Ratio 2.88/1,000 SF
Zoning MFL

Amenities

Unit Amenities

  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets

Site Amenities

  • 24 Hour Access
  • Business Center
  • Fitness Center
  • Picnic Area
  • Tanning Salon
  • Furnished Units Available
  • Gameroom
  • Grill
  • Media Center/Movie Theatre
  • Roommate Matching

About 4810 RANDALL PKY , WILMINGTON, NC 28403

The Lofts at Randall is a 54-unit/216-bed student housing property just off the campus of UNC-Wilmington. The property was built in 2015 and consists of all 4-Bedroom/4-Bathroom units that are 100% leased for the 2016-17 school year. This property has non-recourse financing that must be assumed with a balance of $10,500,000, interest rate of 4.55%, 30 year amortization maturing 3.31.2028. The Lofts is within walking distance to UNC-Wilmington which has a total Fall 2016 enrollment of 15,740 students. This represents a 5.5% increase over 2015 and the school has grown consistently for over 10 years running.

Property Taxes

Property Taxes

Parcel Number
R05507-002-021-000
Land Assessment
$801,100
Improvements Assessment
$24,606,900
Total Assessment
$25,408,000
  • Listing ID: 4793002

  • Date on Market: 11/2/2016

  • Last Updated:

  • Address: 4810 Randall Pky, Wilmington, NC 28403

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