photo 1: 1601 Snowden Drive SE, Wilson NC 27893

Courtesy of Duke Cox, Real Broker LLC

Active

1601 Snowden Drive SE, Wilson NC 27893

$2,800,000

Price

-

Beds

-

Baths

-

Sq. Ft.

1601 Snowden Drive Multi-Family Portfolio Wilson, NC 30 Units Offered for Sale $2,800,000 Full Portfolio Flexible Purchase Options: Full Portfolio (30 Units): $2,800,000 Group 1 (10 Units): $975,000 Group 2 (20 Units): $1,875,000 Investment Highlights: Presenting an exceptional investment opportunity to acquire a 30-unit multi-family portfolio in the thriving city of Wilson, NC. This well-maintained portfolio consists of 15 duplex buildings (14 x 2-bed/1-bath units and 1 x 3-bed/1-bath unit), strategically located in a prime rental corridor with strong tenant demand. 25 of 30 units fully renovated within the past 5 years, featuring modern finishes and improved market appeal. Ample parking for residents and visitors. Gross monthly rent roll: $21,850 with projections of $25,000 to $28,000/month within 1-2 years. Stable occupancy with room for rent growth and operational efficiencies. Professional property management in place. Low operating expenses compared to market averages. Proximity to major employers, retail, and essential services. No seller financing. Cash or conventional financing buyers only. Market Overview: Wilson, NC is rapidly emerging as the manufacturing hub of Eastern North Carolina, attracting job growth, population influx, and rental demand. This portfolio is strategically positioned to capitalize on the area's economic expansion, providing investors with consistent cash flow and long-term value appreciation. Investor Appeal: Perfect for institutional investors, private equity groups, syndicators, and high-net-worth individuals

Listing Type

Farm

Property Type

Multi Family

Built Year

1981

Levels

--

Price/Sqft

--

Lot Size Acre

3.7

Status

Active

Days on Realoq

181

Living Area

-- Sq. Ft.

Lot Size Sqft

161,172 Sq. Ft.

Location

Agent

Duke Cox

Brokerage

Real Broker LLC

Source AOR

Wilson

Listing ID #

100478242

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 06/01/2025 02:44 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Real Broker LLC shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data.

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