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Multifamily

Scotland Arms Apartments

233 E Church St, Laurinburg, NC 28352

Listing Price: $995,000

Cap Rate
6.59%
Number of Units
15
Occupancy
95.0%
Price/Unit
$66,333
Price/Gross SF
$105.18
Gross SF
9,460

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present Scotland Arms Apartments in Laurinburg North Carolina. This 15 Unit Apartment is located two blocks from Main Street in downtown Laurinburg. This Premier location provides residents with quick access to employment shopping and recreation. In 2020, Laurinburg, NC had a population of 34.9k people with a median age of 39.1 and a median household income of $35,936. Scotland Arms Apartments offer Easy Accessibility to the Region’s Top Economic Generators, Retail, Restaurants, and Entertainment. Laurinburg ranks well in a combination of factors and diversity with Laurinburg’s overall livability score above average. Some of the leading employers available include Corteva Agriscience, FCC, Perdue Farms and Defender Services to name a few.

Investment Highlights

  • Revenue Enhancement Through Light Interior Upgrades. Scotland Arms can distinguish itself from competitors by implementing a light, interior upgrade program.
  • Rent Growth Potential and the ability to Implement an Upgrade Program. This will allow buyers to position these apartments as superior affordable alternatives.
  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.

Exclusively Listed By

Multifamily

Scotland Arms Apartments

Listing Price: $995,000

Cap Rate
6.59%
Number of Units
15
Occupancy
95.0%
Price/Unit
$66,333
Price/Gross SF
$105.18
Gross SF
9,460

Investment Highlights

  • Revenue Enhancement Through Light Interior Upgrades. Scotland Arms can distinguish itself from competitors by implementing a light, interior upgrade program.
  • Rent Growth Potential and the ability to Implement an Upgrade Program. This will allow buyers to position these apartments as superior affordable alternatives.
  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.

Investment Overview

The McDaniel Team of Marcus & Millichap is pleased to present Scotland Arms Apartments in Laurinburg North Carolina. This 15 Unit Apartment is located two blocks from Main Street in downtown Laurinburg. This Premier location provides residents with quick access to employment shopping and recreation. In 2020, Laurinburg, NC had a population of 34.9k people with a median age of 39.1 and a median household income of $35,936. Scotland Arms Apartments offer Easy Accessibility to the Region’s Top Economic Generators, Retail, Restaurants, and Entertainment. Laurinburg ranks well in a combination of factors and diversity with Laurinburg’s overall livability score above average. Some of the leading employers available include Corteva Agriscience, FCC, Perdue Farms and Defender Services to name a few.

Exclusively Listed By

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