Quadplex

Pasquotank County, NC Quadplexes for Sale

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Multi-Family Apartment Complex Portfolio
Updated: Feb 4
Multi-Family Apartment Complex Portfolio

1005 Raleigh St, Elizabeth City, NC 27909

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21,500 sqft
High Cap Rate: Enjoy a 9% cap rate based on NOI at full occupancy.
Strong Income Potential: Net Operating Income (NOI) of $243,704.40 at full occupancy. Gross annual income of approximately $303,000 at current occupancy.
High Occupancy Rate: Currently 95.8% occupied with only one vacant unit.
Portfolio of 24 Units: Includes a mix of unit types across three properties.
Recent Capital Improvements: Significant upgrades completed since 2017.
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Explore 1 quadplexes for sale in Pasquotank County, NC on our real estate platform. These investment opportunities span a total of 21,500 square feet of properties for sale.

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