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Riverwatch Apartments
215 Red Cross Street, Wilmington NC 28401
SOLD FOR $ 1,380,000
Riverwatch Apartments
215 Red Cross Street, Wilmington NC 28401
Asset Type
Garden Apartments
Date Sold
February 21, 2020
Price
$ 1,380,000
Per Unit
$ 107,000
Total Units
13
Year Built
Built 1995 / Renovated 2019
Market
Downtown Wilmington (CBD)
Highlights
Due to Hurricane Florence in 2018, property was vacated, renovated and leased up prior to sale
We positioned it as a turnkey opportunity and launched to the open market on December 5, 2019
We generated multiple offers and went under contract on December 22, 2019
Sale closed in less than 60 days for $107k per unit
APARTMENT CORE represented the Seller
Location
Contact
Wayne Braren
Co-Founder
Apartment Core
919-861-9730
Wayne@ApartmentCore.com
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Mike Siciliano
Co-Founder
Apartment Core
919-861-9730
Mike@ApartmentCore.com
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View Bio
Eric Pagnozzi
Investment Broker
N Carolina
919-861-9730
Eric@ApartmentCore.com
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View Bio
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