809 Barker Ten Mile Rd
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809 Barker Ten Mile Rd
6 Unit Block of Flats £538,912 (£89,819/Unit) 7.45% Net Initial Yield Lumberton, NC 28358
Executive Summary
Six unit apartment complex. Consisting of a quadplex and duplex. Four 2 bedroom 1.5 bath townhomes and Two 3 bedroom 1.5 bath townhomes. Occupancy is 100%. Great rental history. Easy access to I-95, restaurants and shopping. Currently renting at below market rates.
Property Facts
| Price | £538,912 | Building Class | C |
| Price Per Unit | £89,819 | Lot Size | 1.24 AC |
| Sale Type | Investment | Building Size | 5,472 SF |
| Net Initial Yield | 7.45% | Average Occupancy | 100% |
| No. Units | 6 | Number of Floors | 2 |
| Property Type | Residential | Year Built/Renovated | 1980/2018 |
| Property Subtype | Apartment |
| Price | £538,912 |
| Price Per Unit | £89,819 |
| Sale Type | Investment |
| Net Initial Yield | 7.45% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 5,472 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built/Renovated | 1980/2018 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | - | - |
| 3+1.5 | 2 | - | - |
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PROPERTY TAXES
| Parcel Number | 0816-01-00501 | Improvements Assessment | £146,475 |
| Land Assessment | £15,727 | Total Assessment | £162,202 |
PROPERTY TAXES
Parcel Number
0816-01-00501
Land Assessment
£15,727
Improvements Assessment
£146,475
Total Assessment
£162,202
zoning
| Zoning Code | R (Residential) |
| R (Residential) |
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Presented by
Steven & Sharon Costa
809 Barker Ten Mile Rd
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