Carolina Apartments

420 Market Street, Wilmington NC 28401

Carolina Apartments

420 Market Street, Wilmington NC 28401
ASSET TYPEMid-Rise Apartments
DATE SOLDDecember 30, 2021
PRICE$ 4,600,000
PER UNIT$ 118,000
TOTAL UNITS39
YEAR BUILT1906
MARKETDowntown 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

Eric Pagnozzi

919.861.9730 x3
Eric@ApartmentCore.com

Thinking about selling?

APARTMENT CORE is a multifamily brokerage firm dedicated to helping you capitalize on your multifamily sale so you can grow your wealth.  If you own an apartment property anywhere in North Carolina and would like to learn how to get the highest price in today’s aggressive market, give us a call at 919-861-9730.