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Wilmington Multifamily Investment Opportunity

942 Bonham Wilmington, NC 28403

942 Bonham, Wilmington, NC, 28403
$2,450,000
For Sale
$2,450,000

Eleven townhome units in Wilmington, 100% occupied and professionally managed.

Days on Market430

Property Features for 942 Bonham

General Information

Standard status
Active

Building Details

Year Built
1991
Listing Agency INTRACOASTAL REALTY CORP
Listed by JEFFREY G HOVIS · License #234605
Source Corcoran
Added: May 15, 2025 Checked: Mar 16 at 9:09 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INTRACOASTAL REALTY CORP


Investment Insights

Based on property information with market context.

Bonham Bay Townhomes, a multifamily investment property, is situated in the Mid-Town area of Wilmington, North Carolina. The property consists of 11 townhome units, each approximately 1,000 square feet in size. Each unit features two bedrooms, two full bathrooms, a powder room, a private entry, an outdoor patio, and off-street parking. The property is currently 100% occupied. Located close to Downtown Wilmington, UNCW, CFCC, shopping, entertainment, medical services, public transportation, and beaches, the property offers convenient access to various amenities. The current owners have upgraded the units and stabilized rents. The property is professionally managed, offering a turnkey operation for the next investor. The multifamily zoning classification provides development opportunities.

Key Highlights

  • 100% Occupied: Provides immediate rental income.
  • Turnkey Operation: Professionally managed and ready for a new investor.
  • Multifamily Zoning: Offers potential for future development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Susan G. Novello, ... Counselor

Suggested Use

Plumbing Service Locksmith Florist Storage Facility Garden Center (Bike/Boat/Book/etc) Store Nursing Home Buffet Fish Market Adult Day Care

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

FAQs

What type of property is this?
Apartment building - Eleven townhome units in Wilmington, 100% occupied and professionally managed.
Where is this apartment building located?
The property is located at 942 Bonham Wilmington, NC.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate rental income.; Turnkey Operation: Professionally managed and ready for a new investor.; Multifamily Zoning: Offers potential for future development.
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