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Multifamily

West Pine Lofts

306 W Pine St, Goldsboro, NC 27530

Listing Price: $1,150,000

Cap Rate
6.51%
Number of Units
18
GRM
5.74
Occupancy
89.0%
Price/Unit
$63,889

Investment Overview

Marcus & Millichap is pleased to present for sale West Pine Lofts, a multifamily property located at 306 W Pine Street in Goldsboro, North Carolina. Positioned less than one hour from Raleigh, the property provides convenient access to one of North Carolina’s fastest-growing metropolitan areas. With immediate access to I-795 and other major highways, the property ensures seamless connectivity to Raleigh and other major MSAs. Additionally, West Pine Lofts is just minutes from Seymour Johnson Air Force Base, a major economic driver and top employer in the region, employing approximately 5,300 active-duty personnel, 5,100 family members, 1,200 civilians, and 900 reservists. Moreover, the property is within walking distance of Downtown Goldsboro, offering residents proximity to employment, retail, dining, and entertainment
options.

The combination of a stable tenant base, strategic location, and potential for increased revenue positions this asset as an attractive opportunity in an expanding North Carolina market.

Investment Highlights

  • Prime location less Than One Hour from Raleigh, NC, Providing Access to a Major Economic Hub
  • Minutes from Seymour Johnson Air Force Base, a Key Regional Employer with over 12,500 Personnel
  • Walking Distance to Downtown Goldsboro, Offering Employment, Retail, Dining, and Entertainment Options
  • Less than two minutes to I-795 and Other Major Highways, Ensuring Quick Connectivity to Raleigh and other MSAs

Exclusively Listed By

Financing By

Multifamily

West Pine Lofts

Listing Price: $1,150,000

Cap Rate
6.51%
Number of Units
18
GRM
5.74
Occupancy
89.0%
Price/Unit
$63,889

Investment Highlights

  • Prime location less Than One Hour from Raleigh, NC, Providing Access to a Major Economic Hub
  • Minutes from Seymour Johnson Air Force Base, a Key Regional Employer with over 12,500 Personnel
  • Walking Distance to Downtown Goldsboro, Offering Employment, Retail, Dining, and Entertainment Options
  • Less than two minutes to I-795 and Other Major Highways, Ensuring Quick Connectivity to Raleigh and other MSAs

Investment Overview

Marcus & Millichap is pleased to present for sale West Pine Lofts, a multifamily property located at 306 W Pine Street in Goldsboro, North Carolina. Positioned less than one hour from Raleigh, the property provides convenient access to one of North Carolina’s fastest-growing metropolitan areas. With immediate access to I-795 and other major highways, the property ensures seamless connectivity to Raleigh and other major MSAs. Additionally, West Pine Lofts is just minutes from Seymour Johnson Air Force Base, a major economic driver and top employer in the region, employing approximately 5,300 active-duty personnel, 5,100 family members, 1,200 civilians, and 900 reservists. Moreover, the property is within walking distance of Downtown Goldsboro, offering residents proximity to employment, retail, dining, and entertainment options. The combination of a stable tenant base, strategic location, and potential for increased revenue positions this asset as an attractive opportunity in an expanding North Carolina market.

Exclusively Listed By

Financing By

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