• 910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area

    910-346-8218 | Jacksonville NC and the greater Eastern North Carolina area
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Commercial Property Management in Onslow County

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Price: $2,149,900
MLS Number: 100411313
Year Built: 2007
Square Footage: 12000
Acres: 0
Listing Date: Oct 24, 2023
Sale or Lease: Sale
Pages: 1
1
370 S Kerr Avenue Unit 105, Wilmington
$2,149,900
MLS Number:
100411313
Built:
2007
Sq Ft:
12000
Listing Date:
Oct 24, 2023
Package of ten condos in a great community in PRIME location of Wilmington, North Carolina. Each unit has 3 beds/3 baths and is located less than a mile to the UNCW campus. Within a mile to plenty of shopping and less than 5 mins to the beach! Spacious bedrooms all with their own private bathrooms and walk-in closets. Ideal as investment properties. All properties currently below market value. How dues are 2400/year for each unit. Property taxes are close to 20k in total. Each property should be able to rent for 2100-2200. 4 units recently vacant and have been turned and ready for rent to be increased. NOI with pro forma is roughly 225k annually. Reach out for more information!370 S. Kerr Ave. Unit 105 Wilmington, NC 28403 ((tenant occupied until 4/2024) 370 S. Kerr Ave. Unit 106 Wilmington, NC 28403 370 S. Kerr Ave. unit 103 Wilmington, NC 28403 (no washer/dryer) 370 S. Kerr Ave. unit 104 Wilmington, NC 28403 (tenant occupied until 10/14/2023, $1,800) 370 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 11/11/2023, $1,745) 376 S. Kerr Ave. unit 302 Wilmington, NC 28403 (fresh paint for entire unit) 376 S. Kerr Ave. unit 304 Wilmington, NC 28403 (tenant occupied until 2/15/2024, $1,575) 376 S. Kerr Ave. unit 305 Wilmington, NC 28403 376 S. Kerr Ave. unit 101 Wilmington, NC 28403 (fresh paint for entire unit, no washer/dryer) 376 S. Kerr Ave. unit 102 Wilmington, NC 28403 We have a total of 10 units in this complex for sale. Possibly more in the future as a package!
Address: 370 S Kerr Avenue Unit 105
City: Wilmington
State: NC
Zip: 28403
Area: Kerr Crossing
Lot Size: 0.00 acres
Property Type: Commercial
Sub Type: Comm Condominium
Sale or Lease: Sale
Listing Office: Keller Williams Innovate-Wilmington

Commercial Property Management in Onslow County

Our real estate firm is located in Jacksonville, North Carolina and is celebrated for its excellent quality and high level of professionalism in the local commercial real estate industry. With over 20 years of experience, Ray Properties has been the preferred choice for companies seeking commercial property management in Onslow County or other parts of coastal North Carolina.

Due to our vast knowledge of the local real estate market, our company has earned an excellent reputation and achievement in the region.

Commercial Property Management In Onslow County

Ray Properties’ Expertise

When it comes to finding commercial property management in coastal North Carolina, there are few real estate firms that can match the knowledge and expertise of Ray Properties. We have spent over two decades perfecting our skills in commercial property, and our hard work has yielded impressive results. Ray Properties is now recognized as a reliable and successful real estate firm in the region. One of the things that distinguishes our company from all other real estate firms in the area is our focus on identifying properties with immense upside. Ray Properties are experts at identifying properties that meet specific criteria such as high growth potential, prime locations, growing local economies, and properties with attractive financing options. The company’s extensive knowledge of the coastal area and real estate market is a significant factor in our success.

Our company understands that coastal North Carolina is in constant transition as a result of many people moving to the area yearly. As the population grows, so does the real estate industry. Consequently, Ray Properties has kept up with this demand as we have been able to meet the needs of businesses looking to move into the area to provied the goods and services that the expanding population requires. Ray Properties’ entrepreneurial nature and custom solutions have enabled Ray Properties to create meaningful value while meeting the needs of our clients.

With the increasing exposure to environmental conservation, many investors are looking to lease or buy commercial properties that have sustainable and eco-friendly features. The company is at the forefront of these eco-friendly projects, as we help clients find green and sustainable properties to fit their needs. This is a crucial factor that has made Ray Properties an industry leader.

 

Successful Commercial Projects

Ray Properties has been involved in several accomplished real estate projects located in coastal North Carolina. As an example, Ray Properties facilitated in creating a thriving shopping center located in Wilmington, which has numerous enterprises, such as Kroger, Ulta Beauty, Marshalls, and Tuesday Morning, to name just a few. Due to Ray Properties’ keen eye for potential, the mall was elevated to be an exceptional making is now an perfect hub for retail businesses.

Another successful project that Ray Properties helped create was the Logistics Park in Brunswick County. This strategic site is ideal for manufacturing companies, warehouses, and other logistics-oriented enterprises because of its vast area. Ray Properties made sure that the infrastructure is top-notch with ease of rail and shipping access.

Commercial Property Management In Onslow County

You Can Rely On Ray Properties

Ray Properties’ experience in handling commercial property management in Onslow County has enabled countless companies to move and benefit from the region’s thriving business environment. The firm’s dedication to building strong connections with businesses and interested parties has aided in nurturing trust and ensuring reliability within the real estate domain of the area.

With an in-depth understanding of the local property market, Ray Properties is still aiding companies in search of the ideal match for their commercial investment.

  • Contact Ray Properties

    3684-B Henderson Drive
    Jacksonville, NC 28546

    910-346-8218

    biz@rayproperties.com

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