Multi-Family Investment For Sale Property ID Number: 0428-31-4210 & 0428-40-1907

PRICE: $995,000 Water: PWC • Sewer: PWC • Gas: None • Electricity: PWC • Broker: Franklin Johnson     Tel: 910-818-8400 Legal description: FAP GROUP PARTNERSHIP LO:01 SE:01 PL:0108-0034 & FAP GROUP LO:1 SE:01 PL:0107-0196

Description:

Welcome to Woodlea Apartments! — 18 spacious units, situated in a quiet neighborhood within walking distance of shopping centers, the YMCA, and FTCC. Each apartment features generous layouts ranging from 1,000 to 1,050 square feet, highlighted by hardwood and tile flooring; equipped with in-home washer/dryer hookups, dishwasher, and large storage closets. Investment highlights include annual gross rent of $145,062 and a Cap rate of approximately 8%. Currently the apartments are at 100% occupancy. Must have 48 hour notice to view the property.

Attachments:

Property Flyer

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