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Apartment Building in Wilmington
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370 South Kerr Avenue, Wilmington, NC 28403

Multifamily property constructed in 2007 with 24,000 square feet of building area.

Property Size24,000 SF
Price / SF$260
Days on Market57

Property Features for 370 South Kerr Avenue

General Information

Standard status Active
Size 24,000 SF
Property subtype Multifamily

Building Details

Year Built 2007
Units 24
Listing Agency: APARTMENT CORE
Listed By: Mike Siciliano · License #NC
Source: Crexi
Added: Jul 7 Changed: Aug 30 Last Checked: Sep 1 at 2:09AM

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 APARTMENT CORE

Investment Insights

Based on property information with market context.

This multifamily property contains 24,000 square feet of building area and was constructed in 2007. The asset is classified as an apartment building and is located at 370 South Kerr Avenue in Wilmington, North Carolina.

Key Highlights

  • 24,000 square feet of building area
  • Constructed in 2007
  • Located at 370 South Kerr Avenue, Wilmington, NC 28403

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Daycare Center Fish Market Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby

Demographics for 28403, NC

38,134
Population
20,424
Households
1.9
Avg Household Size
30
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
2,724
Density / Sq Mi
$50,988
Median Household Income
$30,991
Median Earnings
$1,293
Median Rent
$337,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property constructed in 2007 with 24,000 square feet of building area.
Where is this apartment building located?
The property is located at 370 South Kerr Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $6,240,000.
What are key features of this property?
This property features: 24,000 square feet of building area; Constructed in 2007; Located at 370 South Kerr Avenue, Wilmington, NC 28403
More about this property
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