Multifamily

Crawford St. Apartments

1111 Crawford St S, Wilson, NC 27893

Listing Price: $240,000

Cap Rate
6.51%
Number of Units
6
GRM
9.52
Occupancy
90.0%
Price/Unit
$40,000
Price/Gross SF
$80.00
Gross SF
3,000

Investment Overview

Marcus and Millichap is pleased to present the Crawford St. Apartments in Wilson, North Carolina. This property consist of three duplexes, totaling 6 units, which are all 2 bedroom, 1 bathroom units. Wilson North Carolina, is in the eastern region of the state between Raleigh and Greenville. Two duplexes are brick, and one is vinyl siding. All units are separately metered and tenants are responsible for utilities. The rents for this property are well below market averages and a 14% increase in year one is very achievable.

Investment Highlights

  • Value-Add Potential
  • The Tenants are Directly Responsible for Utilities
  • Management is in-Place

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): NC: 303785

    North Carolina

Multifamily

Crawford St. Apartments

Listing Price: $240,000

Cap Rate
6.51%
Number of Units
6
GRM
9.52
Occupancy
90.0%
Price/Unit
$40,000
Price/Gross SF
$80.00
Gross SF
3,000

Investment Highlights

  • Value-Add Potential
  • The Tenants are Directly Responsible for Utilities
  • Management is in-Place

Investment Overview

Marcus and Millichap is pleased to present the Crawford St. Apartments in Wilson, North Carolina. This property consist of three duplexes, totaling 6 units, which are all 2 bedroom, 1 bathroom units. Wilson North Carolina, is in the eastern region of the state between Raleigh and Greenville. Two duplexes are brick, and one is vinyl siding. All units are separately metered and tenants are responsible for utilities. The rents for this property are well below market averages and a 14% increase in year one is very achievable.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): NC: 303785

    North Carolina

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