For Sale
$725,000
809 B T Rd Lumberton, NC 28358
Six-unit apartment complex, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Six-unit multifamily property in Lumberton, NC on a 1.29-acre lot.
- Two buildings (quadplex and duplex) built in 1980, renovated six years ago.
- Unit mix: four 2 bed/1.5 bath, two 3 bed/1.5 bath townhomes.
- 100% occupancy with strong rental history and below-market rents.
- Asking price: $725,000 ($120,833.33 per unit), 7.04% cap rate based on $51,020 NOI.
Property Details for 809 B T Rd
- Property type
- Apartment buildings
- Year Built/Renovated
- 1980/6
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 56,192 SF
- Units
- 6
Location Insight
- City
- Lumberton
- County
- Robeson
- State
- North Carolina
- Latitude
- 34.6869245
- Longitude
- -78.9911138
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Six-unit apartment complex, strong NOI.
- Where is the apartment building located?
- The property is located at 809 B T Rd Lumberton, NC.
- What is the asking price?
- The asking price for this property is $725,000.
- What are key features of this property?
- This property features: Six-unit multifamily property in Lumberton, NC on a 1.29-acre lot.; Two buildings (quadplex and duplex) built in 1980, renovated six years ago.; Unit mix: four 2 bed/1.5 bath, two 3 bed/1.5 bath townhomes.
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