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Listed by THE ENTENTE REAL ESTATE GROUP
$ 1,308,127
Est. payment /mo
New
1600 Easterling Drive Spring Lake, NC 28390
0.8 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP747320
Year Built 1937
Lot Size 0.800 Acres
Acres 0.8
Property Sub-Type Multi Family
Source Triangle MLS
Property Description
This turnkey 16-unit asset in Spring Lake is best-in-class for the price. Property is fully leased with room for a value add opportunity. Property has been freshly updated, and is situated on over 8 acres of land with optional upside. Nestled adjacent to Fort Liberty, the property benefits from a military population where it is common for tenants pay via BAH allowances, and imbedded into an area that is constantly modernizing and growing with new housing and new commercial construction. Location helps to minimize vacancy exposure. The area has logged double-digit rent growth in the past year.
Location
State NC
County Cumberland
Zoning RR - Rural Residential
Exterior
Private Pool No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
Tax ID 9592935903.000
Special Listing Condition Standard
