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 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 | Owner Financing | NONE |
| Utilities | TENANTS PAY UTILITIES | Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Legal Description | CONSULT TAX RECORDS | Zoning | RMX |
| Sold Date | 08/31/2022 |
