WILSON WOODS TOWNHOMES – 376 UNITS IN WILSON, NC

PRICE:
$ 41,000,000
STATUS:
Sold
ADDRESS:
1706 Vineyard Dr N, Wilson, NC 27893, USA
OVERVIEW:

SOLD 8/31/2022 FOR $41,000,000
$109,043 per unit

Deaton Investment Real Estate represented the buyer and was the sole broker in this off-market transaction. Located in Wilson, N.C., Wilson Woods is a 376-unit townhome community that is  situated on a 25.47 acre site. Built in 1974-1975, the property features spacious one-, two-, and three-bedroom floorplans with amenities that include the following: clubhouse, pool, spacious grounds, and fitness center. This asset presents a rare opportunity to acquire a property from a 25-year owner that has tremendous upside in rent growth through strategic value-add improvements.

Link To Tax Records
UNIT INFORMATION
Unit Type Size Rent
130 UNITS 1BD/1BA 700 SF $415-$850
176 UNITS 2BD/1.5BA 1,100 SF $500-$950
36 UNITS 3BD/1.5BA 1,250 SF $670-$950
4 UNITS 3BD/2BA 1,550 SF $770-$1,000
30 UNITS 3BD/2.5BA 1,550 SF $630-$1,000
PROPERTY INFORMATION
PIN 3722-29-0254, 3722-29-8114, 3722-29-7608, 3723-20-2179, 3722-29-1771
Tax Value $8,305,983
Taxes $108,393.07
Lot Size 25.47 ACRES
Year Built 1974, 1975, 1998
Exterior BRICK
Floors CARPET, VINYL, LVP
Foundation SLAB
HVAC CENTRAL AIR / HEAT PUMPS
Utilities TENANTS PAY UTILITIES
Legal Description CONSULT TAX RECORDS
Appliances RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS
Sold Date 2022-08-31
Zoning RMX

Location Map

WILSON WOODS TOWNHOMES – 376 UNITS IN WILSON, NC
Address: 1706 Vineyard Dr N, Wilson, NC 27893, USA Price: $ 41,000,000 Unit: 376