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.
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 |
Agent Information Michael Deaton
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