CARDINAL VILLAGE – 134 UNITS IN JACKSONVILLE, NC

PRICE:
STATUS:
Off Market
ADDRESS:
2301 Indian Dr, Jacksonville, NC 28546, USA
OVERVIEW:

Deaton Investment Real Estate is pleased to offer the exclusive listing of Cardinal Village Apartments in Jacksonville, N.C. This asset is well-maintained and presents the rare opportunity to purchase from the original developer. The owner will be reviewing offers as they are presented.

Located in Onslow county, which grew in population by 15% from 2010 to 2020, Jacksonville is home to Camp Lejeune, the largest Marine Corps based on the East Coast. Situated in the heart of Jacksonville, the property is minutes from multiple retail, dining, entertainment, employment centers and local schools.

Over the last 12 months, rents have increased more than 10% in Jacksonville. There are no multifamily properties under construction and with employment and population growth expected to continue, market rents are projected to increase further.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
2 UNITS STUDIO 550 SF $750 (CURRENT ASKING RENT)
40 UNITS 1BD/1BA 750 SF $975 (CURRENT ASKING RENT)
48 UNITS 2BD/1BA 1,000 SF $1,050 (CURRENT ASKING RENT)
2 UNITS 2BD/1BA (XL) 1,048 SF $1,075 (CURRENT ASKING RENT)
40 UNITS 2BD/1.5BA (TOWNHOMES) 1,250 SF $1,125 (CURRENT ASKING RENT)
2 UNITS 3BD/1BA 1,048 SF $1,100 (CURRENT ASKING RENT)
134 UNITS (TOTAL) 133,293 SF (TOTAL) $130,450 (GROSS POTENTIAL RENT)
PROPERTY INFORMATION
PIN 437817203969, 437818217793, 437818216263, 437817214461
Tax Value $6,241,320 (2022)
Taxes $69,064.90 (2021)
Lot Size 8.67 ACRES
Year Built 1964, 1966, 1968
Exterior BRICK VINYL
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL AIR / HEAT PUMPS
Utilities TENANTS PAY UTILITIES (RENT INCLUDES WATER, SEWER, TRASH, PEST)
Legal Description INDIAN DR, WESTERN BLVD, INDIAN DR, SR 1308
Appliances RANGE, REFRIGERATOR, W/D CONNECTIONS (IN SELCECT UNITS)
Zoning RMF-HD, CC-CC

Location Map

CARDINAL VILLAGE – 134 UNITS IN JACKSONVILLE, NC
Address: 2301 Indian Dr, Jacksonville, NC 28546, USA Unit: