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Riverwatch Apartments

215 Red Cross Street, Wilmington NC 28401

$ 1,380,000

Riverwatch Apartments

215 Red Cross Street, Wilmington NC 28401
IMG_0123b
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)

Deal 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

TeamMembers-WayneBraren-Color-340x340

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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