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942 Bonham Ave Wilmington, NC 28403

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For Sale
$2,450,000

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

Building Details

Year built
1991
Source: Corcoran

Listing Agent: Jeffrey G Hovis

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Wilmington Multifamily Investment Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Susan G. Novello, ... Counselor

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Wilmington
County
New Hanover
State
North Carolina
Longitude
-77.893763
Latitude
34.2204033

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 Ave 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.
More about this property
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