1000 Yorktown Ln Midway Park, NC 28544
Apartment community with potential for future development and revenue enhancement.
Source:
Nmrk
Listing Agent: Alex Okulski
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Apartment Community in Midway Park
Located in Jacksonville, the commercial hub of Onslow County, this apartment community is situated in the fastest-growing county east of I-95 in North Carolina. The property is within walking distance of everyday retail amenities, including a grocer, Starbucks, and various restaurants. Its location provides proximity to regional employment demand drivers such as Onslow Memorial Hospital, Coastal Carolina Community College, Amazon, and Marine Corps Base Camp Lejeune. The community features the largest floor plans in the market and is the only one with a four-bedroom option, offering a unique pricing power advantage. There is an opportunity to implement multiple market-standard operational systems to generate meaningful value, including water submetering and pest/trash reimbursement. Light interior renovation presents an opportunity to generate additional revenue. Future development opportunities exist on adjoining and adjacent parcels, potentially creating operational scale and enhanced revenue. Strong property income demographics suggest immediate rental upside. The property offers an attractive basis relative to comparable properties and replacement costs.
Location Intelligence
Current Use by Public Records
Liberty Pointe Luxury ...
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Midway Park
- County
- Onslow
- State
- North Carolina
- Longitude
- -77.319957
- Latitude
- 34.720103
FAQs
What type of property is this?
Apartment building - Apartment community with potential for future development and revenue enhancement.
Where is this apartment building located?
The property is located at 1000 Yorktown Ln Midway Park, NC.
What are key features of this property?
This property features: - Largest floor plans in the market with the only four-bedroom option, creating a unique pricing advantage.; - Walkable to everyday retail, including grocer, Starbucks, and restaurants.; - Proximate to major employment drivers: Onslow Memorial Hospital, Coastal Carolina Community College, Amazon, and Marine Corps Base Camp Lejeune.