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Multifamily

New Bern Single-Family Portfolio

1013 Tatum Dr, New Bern, NC 28560

Listing Price: $2,184,000

Cap Rate
6.25%
Number of Units
30
Price/Unit
$72,800
Price/Gross SF
$107.34
Gross SF
20,346

Investment Overview

Single-Family Rental Investment Outlook Remains Extremely Bullish, With Current Low-Interest Environment, Elevated Construction Costs & Steadily Increasing Single-Family and Multifamily Asset Prices

Investment Highlights

  • Fully Occupied and Stabilized 30-Unit Rental Portfolio in New Bern, North Carolina
  • Comprised of 22 Single-Family Homes and 8 Mobile Home Lots –Tenants Own Mobile Homes
  • Single-Family Homes all 2 or 3-Bedroom floorplans
  • 8 Mobile Home Lots Have Individual Municipal Water and Sewer Meters
  • Well-Maintained by Current Ownership | Low Management and Maintenance Overhead

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

Multifamily

New Bern Single-Family Portfolio

Listing Price: $2,184,000

Cap Rate
6.25%
Number of Units
30
Price/Unit
$72,800
Price/Gross SF
$107.34
Gross SF
20,346

Investment Highlights

  • Fully Occupied and Stabilized 30-Unit Rental Portfolio in New Bern, North Carolina
  • Comprised of 22 Single-Family Homes and 8 Mobile Home Lots –Tenants Own Mobile Homes
  • Single-Family Homes all 2 or 3-Bedroom floorplans
  • 8 Mobile Home Lots Have Individual Municipal Water and Sewer Meters
  • Well-Maintained by Current Ownership | Low Management and Maintenance Overhead

Investment Overview

Single-Family Rental Investment Outlook Remains Extremely Bullish, With Current Low-Interest Environment, Elevated Construction Costs & Steadily Increasing Single-Family and Multifamily Asset Prices

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

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