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    1711 Bobby Lee Trl Kill Devil Hills, NC 27948

    For Sale
    $2,895,000

    Multifamily 5+ Units - Kill Devil Hills, NC

    Lot size:
    53,650.00 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 1711 Bobby Lee Trl

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Paved or Surfaced
    Lot size
    53,650.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    2 - Lots From Oceanfront (3rd Row

    Building Details

    Number of units
    16
    Flooring type
    Vinyl
    Architectural style
    Other

    Harrell & Associates (252) 441-7887 [email protected]

    Listing agent William Richardson (252) 441-7887 License #285814

    Listing date Nov 2, 2025

    MLS# 130631 Listing URL

    Copyright © 2025 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kill Devil Hills Multifamily Complex

    Located in the heart of Kill Devil Hills, this 16-unit apartment complex is situated between the highways on Third Street. Four units have been renovated this year; two have been re-rented, and two have just been completed. Historically, this rental property maintains a low vacancy rate. The property consists of multiple condominium units to be sold as one. Further pictures of a two-bedroom and a one-bedroom apartment are to be added shortly. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. The Buyer is advised to check on any short-term rental restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kill Devil Hills
    County
    Dare
    State
    North Carolina
    Longitude
    -75.670071
    Latitude
    36.032581

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    FAQs

    What type of property is this?
    Apartment building - 16-unit apartment complex in the heart of Kill Devil Hills.
    Where is this apartment building located?
    The property is located at 1711 Bobby Lee Trl Kill Devil Hills, NC.
    What is the asking price?
    The asking price for this property is $2,895,000.
    What are key features of this property?
    This property features: - 16-unit apartment complex in Kill Devil Hills; - Historically low vacancy rate; - Four units renovated this year
    (252) 441-7887
    Request Owner's contact information
    1711 Bobby Lee Trl Kill Devil Hills, NC 27948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1711 Bobby Lee Trl Kill Devil Hills, NC 27948
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