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Multifamily

21 Unit Rental Portfolio in Coastal North Carolina

1201 Simmons St, New Bern, NC 28560

Listing Price: $2,100,000

Cap Rate
5.59%
Number of Units
21
Occupancy
95.0%
Price/Unit
$100,000

Investment Overview

21 Unit Income-Producing Rental Portfolio in Craven County, North Carolina

Investment Highlights

  • 6 of the New Bern Units are Townhomes in Fairfield Harbour, one of the Region's Award-Winning Coastal Resort Communities
  • The Remaining 6 Units (Duplex & Quadraplex) are in a Nearby City to the South, Havelock, Home to Marine Corps Air Station Cherry Point, the World's Largest Marine Corps Air Station
  • Portfolio Consists of 9 Single-Family Homes, 6 Townhome Units, One Duplex & One Quadraplex
  • 21 Unit Income-Producing Rental Portfolio in Craven County, North Carolina
  • 15 Units are in the City of New Bern, NC
  • Voted "Top 10 Best Small Towns in the South" by Southern Living Magazine; 2nd Oldest City in North Carolina, a Coastal and Boating-Centric City With Historic Charm,

Exclusively Listed By

Multifamily

21 Unit Rental Portfolio in Coastal North Carolina

Listing Price: $2,100,000

Cap Rate
5.59%
Number of Units
21
Occupancy
95.0%
Price/Unit
$100,000

Investment Highlights

  • 6 of the New Bern Units are Townhomes in Fairfield Harbour, one of the Region's Award-Winning Coastal Resort Communities
  • The Remaining 6 Units (Duplex & Quadraplex) are in a Nearby City to the South, Havelock, Home to Marine Corps Air Station Cherry Point, the World's Largest Marine Corps Air Station
  • Portfolio Consists of 9 Single-Family Homes, 6 Townhome Units, One Duplex & One Quadraplex
  • 21 Unit Income-Producing Rental Portfolio in Craven County, North Carolina
  • 15 Units are in the City of New Bern, NC
  • Voted "Top 10 Best Small Towns in the South" by Southern Living Magazine; 2nd Oldest City in North Carolina, a Coastal and Boating-Centric City With Historic Charm,

Investment Overview

21 Unit Income-Producing Rental Portfolio in Craven County, North Carolina

Exclusively Listed By

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