HERITAGE COURT APARTMENTS – 188 UNITS IN KINSTON, NC
PRICE:
$
9,800,000
STATUS:
Sold
ADDRESS:
718 Doctors Dr, Kinston, NC 28501, USA
OVERVIEW:
SOLD 12/3/21 FOR $9,800,000
$52,128 per unit
Built in multiple phases, between 1973 and 1988, Herritage Court Apartments are located within one mile of Lenoir Memorial Hospital and Kinston High School. The long-term ownership group maintained the property well, but there is an opportunity to add value and increase income with strategic improvements. A portion of the property located in a flood zone.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 32 UNITS | 1BD/1BA | 770 SF | $480-$520 |
| 38 UNITS | 2BD/1BA | 1027-1190 SF | $565-$610 |
| 4 UNITS | 2BD/2BA | 1221 SF | $630 |
| 106 UNITS | 2BD/1.5BA | 1170 SF | $590 |
| 8 UNITS | 3 BD/2.5BA | 1299 SF | $700 |
PROPERTY INFORMATION
| PIN | 4526-09-05-5161, 4526-09-05-9395, 4526-13-14-0390 |
| Tax Value | $6,583,840 |
| Taxes | $106,329.01 |
| Lot Size | 182.42 ACRES (TOTAL) |
| Year Built | 1973, 1981, 1988 |
| Exterior | BRICK & VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL HEATING & AIR |
| Utilities | OWNER PAYS WATER FOR SOME UNITS |
| Legal Description | HERRITAGE COURT APTS DOCTORS DR |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, WASHER & DRYER CONNECT |
| Sold Date | 2021-12-03 |
| Zoning | RA6, RO |
Agent Information Steve Deaton
Location Map
HERITAGE COURT APARTMENTS – 188 UNITS IN KINSTON, NC
Address:
718 Doctors Dr, Kinston, NC 28501, USA
Price: $
9,800,000
Unit:
188