Property profile

1120 Matteo Dr Wilmington, NC 28412

OFF-MARKET
Garden apartment buildings
Property ID
US53-4747749
32,331 SF 4.25 ac lot Built 2016
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2016
Total area 32,331 SF
Lot 4.25 ac (185,130 SF)
Zoning code CB,COMMUNITY BUSIN
APN R07100-003-569-000
UPID US53-4747749

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1120 Matteo Dr Wilmington, NC 28412-1038
Wilmington metro Census 12008 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.07M
Blend (final) Blend
$1.71M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

CB,COMMUNITY BUSIN · Wilmington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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