HINSON ARMS & BROOKEVIEW – 108 UNITS IN JACKSONVILLE, NC
PRICE:
$
9,000,000
STATUS:
Sold
ADDRESS:
3340 Richlands Hwy, Jacksonville, NC 28540, USA
OVERVIEW:
SOLD 5/27/2022 FOR $9,000,000
$83,333.33 per unitÂ
Deaton Investment Real Estate represented the buyer and Marcus & Millichap represented the seller in this transaction. Hinson Arms & Brookeview are located in Jacksonville, NC. Built in 1967, Hinson Arms features 60 townhome-style two-bedroom 1.5-bathroom floorplans. Brookeview features 47 townhome-style two-bedroom 1.5-bathroom floorplans with one single-family two-bedroom 1.5-bathroom home. These two properties are located just 2 miles from each other. This asset offers the opportunity to increase income through operational and strategic value-add improvements.
UNIT INFORMATION
| Unit | Type | Size | Rent |
|---|---|---|---|
| 60 UNITS - HA | 2BD/1.5BA | 900 SF | $950 |
| 47 UNITS - BV | 2BD/1.5BA | 835 SF | $765 |
| 1 UNIT - BV | 2BD/1.5BA | 835 SF | $800 |
PROPERTY INFORMATION
| PIN | 435719515009 & 437714327878 |
| Tax Value | $1,298,414 |
| Taxes | $11,534.95 |
| Lot Size | 12.44 |
| Year Built | 1967 |
| Exterior | BRICK & VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL AIR/HEAT PUMP |
| Utilities | TENANT PAYS UTILITIES |
| Legal Description | L1 DONALD G & KATHLEEN D FOSE |
| Appliances | RANGE, REFRIDGERATOR, DISHWASHER, MICROWAVE |
| Sold Date | 2022-05-27 |
| Zoning | HB-Highway Business District |
Agent Information Michael Deaton
Location Map
HINSON ARMS & BROOKEVIEW – 108 UNITS IN JACKSONVILLE, NC
Address:
3340 Richlands Hwy, Jacksonville, NC 28540, USA
Price: $
9,000,000
Unit:
108