For Sale
$87,500
108 Kerr AveWilmington, NC 28405
High-return office condo, 100% occupied.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- 394 sq ft office condo in Wilmington, NC, priced at $87,500 ($279.19/sq ft).
- Strong NOI of $509, 100% occupied by long-term tenant under a net lease with two years remaining and potential extension.
- Recently replaced HVAC, well-maintained interior, and exterior maintenance handled by the HOA.
- Seller offering up to $2,000 closing cost contribution.
- Turnkey investment with high rental income and appreciation potential.
Property Details for 108 Kerr Ave
- Property type
- Retail properties, Office properties
- Square Feet
- 394 SF
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Latitude
- 34.244855847897
- Longitude
- -77.889947925448
108 Kerr Ave, Wilmington, North Carolina
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