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Property profile & analytics
OFF-MARKET Estimated value $1,210,000
Garden apartment buildings

1149 Mulberry Ln Greenville, NC 27858-5818

7,092 SF 8.05 ac lot Built 1983
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US53-1321652
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1983
Total area 7,092 SF
Lot 8.05 ac (350,658 SF)
Zoning code R6
APN 57641
UPID US53-1321652
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.21M
Owner & transaction history
Pamlico Place Apartments LLC · 12 yrs held
Pamlico Place Apartments LLC
since 2014
4 recorded transactions
2016
Price N/A
2014
$10.0M
2014
Price N/A
2004
Price N/A
Zoning & alternative use
R6 · Greenville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R6 (Residential) To accommodate a compatible mixture of single-family, two- family and multi-family dwellings at higher densities. R6A (Residential) To accommodate a compatible mixture of single-family, two- family and multi-family dwellings at medium densities. R6MH (Residential- Mobile Home) To accommodate a compatible mixture of single-family (including m…

Zone name Residential
General category RESIDENTIAL
Zone area 2,900.97 ac
Source Final UDO for public
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