• 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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Medical Space in Eastern NC

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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

Medical Space in Eastern NC

Ray Properties has a home office in Jacksonville, North Carolina and is known for its top-notch knowledge and professionalism in the local commercial market. With over 20 years of experience, Ray Properties has been the preferred choice for individuals seeking medical space in Eastern NC or other parts of coastal North Carolina.

With our expertise of the local real estate industry, our real estate firm enjoys a great standing and success in the area.

Medical Space In Eastern NC

Ray Properties’ Expertise

When it comes to finding medical space 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 developing and refining our skills in commercial property, and our hard work has yielded impressive results. Ray Properties is now recognized as a top-choice real estate firm in the region. One of the factors that distinguishes our company from all other real estate firms in the area is our focus on picking out properties with immense potential. Ray Properties are experts at identifying properties that meet specific criteria such as high growth potential, appealing locations, strong 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 every year. As the population grows, so does the real estate industry. Consequently, the company 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 polulace needs. The company’s entrepreneurial nature and fine-tuned solutions have enabled Ray Properties to create meaningful value while meeting the needs of our clients.

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

 

Successful Commercial Projects

Ray Properties contributed to numerous accomplished real estate projects in coastal North Carolina. For example, Ray Properties facilitated in the development of a booming shopping center located in Wilmington, which is home to numerous enterprises, such as Food Lion, Beauty Express, T.J.Maxx, and Michaels, to mention a few. With Ray Properties’ keen eye for potential, the mall was transformed to a new level making is now an optimal hub for commerce businesses.

Another successful project that Ray Properties helped build was the Logistics Park in Brunswick County. This business destination is perfect for industrial companies, warehouses, and other logistics-oriented enterprises due to its extensive space. Ray Properties made sure that the facilities is of world-class quality with convenient rail and shipping access.

Medical Space In Eastern NC

You Can Rely On Ray Properties

Ray Properties’ expertise in handling medical space in Eastern NC has helped several enterprises to shift and capitalize on the region’s expanding economy. The firm’s dedication to building positive connections with companies and interested parties has contributed in developing trust and ensuring reliability inside the real estate domain of the area.

With an in-depth comprehension of the local commercial property landscape, our firm continues to assist enterprises in locating the optimal property for their business’s business investment.

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