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- LoopNet Team
32 Dancy St
Princeville, NC 27886
Prince Court Apartments · Multifamily Property For Sale
·
30 Units
INVESTMENT HIGHLIGHTS
- Within 1 mile of downtown Tarboro
PROPERTY FACTS
| No. Units | 30 | Lot Size | 4.46 AC |
| Property Type | Multifamily | Building Size | 25,500 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 2001 |
| Building Class | B | Parking Ratio | 1.13/1,000 SF |
| Zoning | R1 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.46 AC |
| Building Size | 25,500 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
ABOUT 32 DANCY ST , PRINCEVILLE, NC 27886
AS-IS, WHERE-IS, WITH ALL FAULTS! Bring any and all offers on these vacant apartments located in an opportunity zone in Princeville, NC. Upside potential for a value-add investment. Water, utilities and sewer are all on-site. Currently has five apartment buildings, all containing six (1) bedroom units. On-site leasing office/laundry. Apartments flooded during Hurricane Floyd (1999) and then again during Hurricane Matthew (2016) which resulted in a total loss both times. During Matthew, water levels rose up to 10-12 feet. All of tenants possession were removed a month post-flood, as well as all of the debris. Properties have not been touched since, due to city raising a "red flag" notice, labeling the apartments uninhabitable. Owner is selling AS-IS, WHERE-IS, WITH ALL FAULTS. All potential buyers be aware of the current condition of the property and its position in a flood zone. Property has typical affordable housing restrictions that should be going away soon. Contact agent for more information or if you have any questions!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 30 | - | - |
PROPERTY TAXES
| Parcel Number | 473851567900 | Improvements Assessment | $1,633,680 |
| Land Assessment | $60,000 | Total Assessment | $1,693,680 |
PROPERTY TAXES
