Confederate Apartments

422 South 3rd Street, Wilmington NC 28401

Confederate Apartments

422 South 3rd Street, Wilmington NC 28401
ASSET TYPEMid-Rise Apartments
DATE SOLDDecember 30, 2021
PRICE$ 1,700,000
PER UNIT$ 100,000
TOTAL UNITS17
YEAR BUILT1909
MARKETDowntown Wilmington

Deal Highlights

➤ Unique 17-unit apartment building built 1909 in the heart 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 just under asking price at $1.7M

➤ 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.