VILLAGE AT HERITAGE PLACE – 101 UNITS IN WILSON, NC

Price:

$11,000,000

Status:

Sold

Address:

2110 Smallwood St SW, Wilson, NC 27893, USA

Overview:

SOLD 7/28/2023 FOR $11,000,000
$108,911 per unit

Deaton Investment Real Estate represented the seller and was the sole broker in this off-market transaction. Located in Wilson, N.C., the property features an attractive mix of one-, two-, three-, and four-bedroom apartments. Built in 1971, the property is spread across approximately 16.29 acres and has a total of 22, one-story buildings with all brick exteriors. This offering represents a great value-add opportunity, at an attractive basis, in an emerging market.

Unit Information

UnitTypeSizeRent
1 UNITSTUDIO420 SFOFFICE
15 UNITS1BD/1BA648 SF$900
36 UNITS2BD/1BA810 SF$1,050
35 UNITS3BD/1BA984 SF$1,200
14 UNITS4BD/1BA1,154 SF$1,300

Property Information

PIN 3711-44-2388 Tax Value $2,323,529
Taxes $30,322.05 Lot Size 16.295 ACRES
Year Built 1971 Exterior BRICK
Floors CARPET, VINYL, LVP Foundation SLAB
HVAC CENTRAL HEAT & AIR Owner Financing NONE
Utilities OWNER PAYS WATER, SEWER AND TRASH Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Legal Description 2110 SMALLWOOD ST SW Zoning GR6
Sold Date 07/28/2023