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Carolina Apartments

420 Market Street, Wilmington NC 28401

$ 4,600,000

Carolina Apartments

420 Market Street, Wilmington NC 28401
17
Asset Type
Midrise Apartments
Date Sold
December 30, 2021
Price
$ 4,600,000
Per Unit
$ 118,000
Total Units
39
Year Built
1906
Market
Downtown Wilmington

Deal Highlights

39-unit midrise apartment building built 1906 in a prime intersection of historic Downtown Wilmington, NC
Aggressive marketing campaign resulted in multiple offers
Despite several site-related and transaction-related challenges, closing timeline satisfied seller's primary objective
Closed above asking price at $118k per unit
APARTMENT CORE represented the Seller

Location

Contact

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Wayne Braren

  • Co-Founder
  • Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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TeamMembers-MikeSiciliano-Color-340x340

Mike Siciliano

  • Co-Founder
  • Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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TeamMembers-EricPagnozzi-Color-340x340

Eric Pagnozzi

  • Investment Broker
  • N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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