319 Willow Run Drive

Forest City NC 28043

$1,150,000

Acres

Under Contract

MLS ID 4115918
180 Days on Market

Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units. MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units and breezeway required by county. With the lack of rental units available in Forest City, these high end units are IN DEMAND. As of May 1st, units will be 100% OCCUPIED. See rent roll attached in MLS. Cap rate is indexed at 9.5% at full occupancy Schedule your tour beginning March 8th. Agents see remarks for disclosures.

Exterior Features

Foundation Type

Crawl Space

Lot Size

1.36 Acres

Exterior Construction

Brick Full, Vinyl

This Listing is provided by Rivera. List Agent Email Juan@Rivera-Realty.net