• 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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Warehouse 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

Warehouse Space in Eastern NC

Ray Properties has a home office in Jacksonville, North Carolina and is celebrated for its top-notch quality and high level of professionalism in the local business real estate industry. For more than 20 years, Ray Properties has been the preferred choice for businesses seeking warehouse space in Eastern NC or coastal areas of North Carolina.

Thanks to our vast knowledge of the regional real estate industry, our company has earned a great reputation and achievement in the area.

Warehouse Space In Eastern NC

Ray Properties’ Expertise

When it comes to finding warehouse 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. The company is now recognized as a top-choice real estate firm in the region. One of the things that distinguishes Ray Properties from all other real estate firms in the area is our focus on identifying properties with immense potential. Ray Properties are experts at locating properties that meet specific criteria such as high growth potential, appealing locations, robust local economies, and properties with attractive financing options. Our 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 annually. As the population swells, 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 demands. Ray Properties’ entrepreneurial nature and custom solutions have enabled Ray Properties to create substantial value while meeting the needs of our clients.

With the increasing awareness of environmental conservation, many companies 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 Ray Properties an industry leader.

 

Successful Commercial Projects

Ray Properties has been involved in numerous successful real estate projects located in coastal North Carolina. To illustrate, Ray Properties facilitated with the creation of a booming mall located in Wilmington, which has several enterprises, such as Food Lion, Ulta Beauty, Ross, and Michaels, to name just a few. Due to Ray Properties’ keen eye for potential, the mall was elevated to even greater heights and is now an perfect location for retail businesses.

Another successful project that Ray Properties helped build was the Logistics Park in Brunswick County. This business destination is perfect for factory companies, warehouses, and other logistics-oriented enterprises because of its vast area. Ray Properties ensured that the infrastructure is excellent with accessible rail and shipping access.

Warehouse Space In Eastern NC

You Can Rely On Ray Properties

Ray Properties’ expertise in managing warehouse space in Eastern NC has facilitated numerous businesses to shift and capitalize on the region’s expanding economy. The firm’s dedication to forging strong connections with businesses and stakeholders has contributed in nurturing trust and assuring reliability inside the property sector of the area.

With an comprehensive understanding of the coastal North Carolina property landscape, Ray Properties continues to assist companies in search of the optimal match for their business’s commercial property.

  • Contact Ray Properties

    3684-B Henderson Drive
    Jacksonville, NC 28546

    910-346-8218

    biz@rayproperties.com

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