Courtesy of Jeremiah Barnett, Keller Williams Innovate-Wilmington
This newly constructed multi-family property offers a fantastic investment opportunity with eight luxury townhomes in a prime location. Situated near the hospital, Oleander Drive, UNC Wilmington, and Wrightsville Beach, the property provides tenants with both convenience and accessibility. The development includes two buildings: one with four 3-bedroom, 2.5-bathroom units, each featuring a one-car garage, and another with four 2-bedroom, 2.5-bathroom units. Each townhome is equipped with modern kitchens and stainless steel appliances, appealing to renters seeking quality living spaces. With projected rents of $2,200 per month for the 3-bedroom units and $2,000 per month for the 2-bedroom units, this property offers a strong return on investment with an estimated cap rate of nearly 7%. Conveniently located close to the area's key amenities, this property is an excellent choice for investors looking to add a high-performing asset to their portfolio. Contact us today for more details!
This newly constructed multi-family property offers a fantastic investment opportunity with eight luxury townhomes in a prime location. Situated near the hospital, Oleander Drive, UNC Wilmington, and Wrightsville Beach, the property provides tenants with both convenience and accessibility. The development includes two buildings: one with four 3-bedroom, 2.5-bathroom units, each featuring a one-car garage, and another with four 2-bedroom, 2.5-bathroom units. Each townhome is equipped with modern kitchens and stainless steel appliances, appealing to renters seeking quality living spaces. With projected rents of $2,200 per month for the 3-bedroom units and $2,000 per month for the 2-bedroom units, this property offers a strong return on investment with an estimated cap rate of nearly 7%. Conveniently located close to the area's key amenities, this property is an excellent choice for investors looking to add a high-performing asset to their portfolio. Contact us today for more details!
Farm
Multi Family
2024
--
--
0.78
Active
177
-- Sq. Ft.
33,977 Sq. Ft.
Location
Jeremiah Barnett
Keller Williams Innovate-Wilmington
New Hanover
100478208
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 05/27/2025 10:44 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 Keller Williams Innovate-Wilmington 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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