Flyer - Coldwell Banker Commercial

SUN COAST PARTNERS
1407 Carolina Beach Ave N
SALE
$669,000
1407 Carolina Beach Ave N
Multi-Family
5,416 SF
Carolina Beach, NC 28428
Property Type:
Multi-Family
Year Built:
1977
Available Floors:
3
Min Divisible Area:
3,416
Sub-Lease:
5
Zoning:
R-1
Cap Rate Percentage:
7.75
1407 Carolina Beach Ave N Carolina Beach NC, 28428 United States
Online Profile http://www.cbcworldwide.com/properties/profile/JJZLVN-CarolinaBeach-NC
1407 Carolina Beach Ave N Carolina Beach NC, 28428 United States
Property Description
The Easiest Investment Money You've Ever Made! One look and you'll be convinced that this is
the investment property you've been waiting for. Perfectly located on the second row at
Carolina Beach, this steady income-producing property consists of one three-bedroom
apartment; one two-bedroom apartment; and three one-bedroom apartments-including one
ground level, handicap accessible unit. The current long-term tenants stay because the quaint
private decks and patio spaces offer great ocean views and instant beach access. Your future
tenants will love the ample storage areas and the parking large enough to store a boat. You'll
appreciate the maintenance free exterior. Recent updates include vinyl windows, carpet,
hardwoods and appliances. You'll love knowing that the property is 100% occupied with annual
leases in place. Talk about stability....one tenant has occupied the same apartment for 10
years. This beachside property is near the vintage/new Carolina Beach Boardwalk. Marina,
shops, restaurants and bars are close by. There's no sign on the property and a 24 hour notice
is needed to show.
Additional Features
Listing ID: JJZLVN
MLS ID: 29981174
Style: Multi-Family (5-20 Units)
Building Size: 5,416 SF
Lot Size: 0.14 AC
Parking Places: 12
Zoning: R-1
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For More Information Please Contact:
Sharon Cushing
Sales Associate
Coldwell Banker Commercial Sun Coast Partners
sharon.cushing@cbcsuncoast.com
Direct 910-239-5806
Mobile 864-415-4335
http://www.cbcsuncoast.com/
910-350-1200
1430 Commonwealth Drive
Suite 102
Wilmington, NC 28403
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