πŸ”₯πŸ”₯🏑 NEW DEAL 8 UNITS IN CLINTON, NC, 28328 🏑πŸ”₯πŸ”₯

Sampson County, Clinton, NC, 28328
Sold
Listed at: September 27th, 2022
Price
$350,000
ARV
$650,000
Gross Margin
$300,000
Sq. Footage
3856
Type
Multifamily
Parking
Assigned
Year build
1900
Lot size
0.48 acres
Bedrooms
5
Bathrooms
4
Half Bathrooms
0
Summary

πŸ‘πŸ”ŽProperties are in a phenomenal location with great potential and opportunity. You're on the market in no time, with tons & tons of potential! Properties on big lots, potential to add more units!

Pics on the link below πŸ‘‡πŸ½

 

Questions? πŸ“ž Call Daniel/Eli @ (919) 230-1211


πŸ“πŸ—ΊοΈ Address: 306 Park Ave, Clinton, NC 28328, USA & 701 College St, Clinton, NC 28328

 

8 units Current-

6 units are 1/1 renting for $500

1 2/1 renting for $600

1 2/1 renting for $600

Proforma-

1/1- $750

2/1- $850-900


701:

Beds- 5

Bath- 4

Sq/ft- 3.856 sqft

Year Built- 1900


306:

Beds- 4

Bath- 3

Sq/ft- 2.484 sqft

Year Built- 1910


Current Proforma Annual Proforma

6 Units 1/1. $3,000.00 $4,500.00 $54,000.00 

2 Units 2/1 $1,200.00 $1,700.00 $20,400.00 

Total $4,200.00 $6,200.00 $74,400.00 

Maintenance NOI Proforma Cap rate

20% $59,520.00 15.87%

Proforma cap rate 15.87%

ARV at 6.5 cap $915,692.31

ARV at 7.0 cap $850,285.71

ARV at 7.5 cap $793,600.00


Each Unit has its own Power, Water and Gas meters!


Amazing Value Add opportunity in the heart of Clinton, just right outside of Fayetteville NC.

Add this awesome 8 Unit to your portfolio today!


βœ… BUY IT NOW, starting at $359,999! OBO Bring Your Offer!


πŸ“· PICS LINK- https://drive.google.com/drive/u/0/folders/1eGvDeIZ95tMWd0NizL80iHKLq0q8rqOd 8 UNITS


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jasmine Brantley- Dispo Rep

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Disposition manager