Viewing Listing MLS# 100411313
Wilmington, NC 28403
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 12,000SqFt
- 2007Year Built
- 0.00Acres
- MLS# 100411313
- Commercial
- G
- Active
- Approx Time on Market6 months, 8 days
- AreaNew Hanover (28403)
- CountyNew Hanover
- SubdivisionKerr Crossing
Overview
Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information!370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!
Baths Info
Building Info
Year Built: 2007
New Construction: No
Exterior Features
Exterior Finish: Vinyl Siding
Financial
Asking Price Text: $2,149,900
Tax Assessed Value: 0.00
Tax Year: 2022
Stipulation Of Sale: None
List Pricesqft: 179
HOA Info
Interior Features
Flooring: Carpet
Lot Info
Lot Sqft: 0
Lot Dimensions: 00
Acres: 0.00
Misc Features
Special Assessments: none
Misc Info
Parking Info
Property Features
Property Info
County: New Hanover
Cobra Zone: No
Zoning: RES
Subdivision Original: Kerr Crossing
Secondary Subdivision: N/A
Marketing City: Wilmington
City Limits: Yes
Auction: No
Sign On Property: No
Class Type: G
Restrictions
Sale / Lease Info
Sale Lease: Sale
Sale Lease Includes: See Remarks
Schools
SqFt Info
Sqft: 12,000
Unit Info
Unit: Unit 105
Utilities /HVAC
Courtesy of Keller Williams Innovate-wilmington