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810 Dale Dr
Rocky Mount, NC 27803
Park Village · Multifamily Property For Sale
·
74 Units
Investment Highlights
- 30% UPSIDE - Owner retiring, Self-managed, 74 units in Rocky Mount, North Carolina
- True "old school" owner maintains full occupancy on an ongoing basis with virtually no advertising, leaving lots of income potential on the table
- Strategically located along the I-95 corridor between Rocky Mount and Wilson, attracting tenants who commute to and from either market
- ONLY $70K PER UNIT and 11.72% Cap Rate on Proforma with Updated Units, based on current rents at approximately 30% below market, leaving significant u
- Ready for new owner to capitalize by updating the units, maximizing rents and extracting substantial value
Property Facts
| No. Units | 74 | Lot Size | 6.91 AC |
| Property Type | Multifamily | Building Size | 53,795 SF |
| Property Subtype | Apartment | Average Occupancy | 89% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 1977 |
| Zoning | R10 | ||
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.91 AC |
| Building Size | 53,795 SF |
| Average Occupancy | 89% |
| No. Stories | 1 |
| Year Built | 1977 |
| Zoning | R10 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Lawn
- Smoke Free
Site Amenities
- 24 Hour Access
- Wheelchair Accessible
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,634,330 | |
| Land Assessment | $216,440 | Total Assessment | $2,850,770 |
Property Taxes
Parcel Numbers
Land Assessment
$216,440
Improvements Assessment
$2,634,330
Total Assessment
$2,850,770
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