$6,000,000
For Sale

601 Main Street

Lillington, NC 27546
Browse 23 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance. Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with each unit is Fridge, Stove, Washing Machine, Dryer, garbage dumpster, ground care. Onsite office that is currently used for storage by the property management and maintenance crew. Grossing $36,100.00 per month.
Property management company is owed by the owners and are more than happy to continue management. Tenants are registered with online management program for rent pay and work orders.

  • Interior Details
      • InteriorCeilingFans
  • Property Details
      • Exterior MaterialsPorch
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1999
  • Utilities / Energy Details
      • Sewer InformationCountySewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNOT IN SUBDIVISION
    • Location
      • School DistrictHarnett - Harnett Central
      • Middle SchoolHarnett - Harnett Central
      • High SchoolHarnett - Harnett Central
      • CountyHarnett
  • Financial Details
      • Original List Price$6,000,000
  • Other
      • MLS #718361

Location

Emmanuel SimmonsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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