Multi-Family For Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30333958
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 16 Units
Building Size (RSF): 11,216 SF
Gross Building Area: See Agent
Gross Land Area: 0.43 Acres
Sale Price: $800,000
Unit Price: $50,000 Per Unit
Property Use Type: Investment
Building Name: Ridgewood Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

Two apartment buildings in the Ridgewood Apartment complex are for sale, totaling 16 units. This complex is off the popular MacGregor Downs Rd in Greenville's Medical District and boasts a quiet, rural feel. Located in a heavy residential area right of HWY-264 and within 2 miles of Vidant hospital, this is a great investment opportunity for anyone looking into multi-family.

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Pitt County
Tax ID/APN: 68882, 68879
Zoning: MR
Property Located Between: MacGregor Downs Rd
Highway Access: ~1 mile of Hwy-264
Airports: PGV
Area Description: Peaceful and affordable complex on MacGregor Downs Rd, near Vidant and Hwy-264
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 2
Year Built: 2004
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Parking is part of common area and shared with three other buildings.
Laundry: In Each Unit
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Heat Pump
Fuel: Electric
Air Conditioning: Engineered System
Internet Access: Cable, DSL
Zoning Description: MR
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,297 31,015 89,638
Median Age: 29.59 30.85 31.3
Households: 2,032 13,666 37,062
The information presented herein is provided as is, without warranty of any kind. Neither Cape Fear REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.