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916 E Raleigh Blvd
Rocky Mount, NC 27801
Multifamily Property For Sale
·
7 Units
EXECUTIVE SUMMARY
Seize the opportunity to acquire this fully occupied, single-story apartment building located at 916 E Raleigh Blvd near the US-64 on-ramp. Situated on an almost half acre lot, this 3,653 SF building features seven 1BR/1BA units, all of which underwent beautiful renovations approximately five years ago. Units have through wall HVAC units (window style) that help keeps things simple and maintenance costs low.
This is a rare, stabilized asset offering a seamless transition for investors seeking a turn-key property with Day 1 returns.
Note: All units are occupied, interior photos are from units prior to occupancy
This is a rare, stabilized asset offering a seamless transition for investors seeking a turn-key property with Day 1 returns.
Note: All units are occupied, interior photos are from units prior to occupancy
PROPERTY FACTS
| Price Per Unit | $65,000 | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 3,653 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1979/2021 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R6 | ||
| Price Per Unit | $65,000 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 3,653 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1979/2021 |
| Opportunity Zone |
Yes |
| Zoning | R6 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | $690.00 | - |
PROPERTY TAXES
| Parcel Number | 3860-10-3736-00 | Improvements Assessment | $124,154 |
| Land Assessment | $11,000 | Total Assessment | $135,154 |
PROPERTY TAXES
Parcel Number
3860-10-3736-00
Land Assessment
$11,000
Improvements Assessment
$124,154
Total Assessment
$135,154
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