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5339 Dosher
Southport, NC 28461

Coastal Villas · Multifamily Property For Sale · 44 Units

PROPERTY FACTS

No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 7.65 AC
Building Size 51,446 SF
No. Stories 1
Year Built 1999
Parking Ratio 1.46/1,000 SF

UNIT AMENITIES

  • Microwave
  • Kitchen
  • Refrigerator
  • Range
  • Pantry

SITE AMENITIES

  • Laundry Facilities

ABOUT 5339 DOSHER , SOUTHPORT, NC 28461

Waterstone Multi-Family Group is pleased to present the Coastal Villas Apartments, a 44-unit complex located in Southport, NC. This low income, senior housing property was built in 1999. Coastal Villas is situated in an ideal location within close proximity to restaurants and retail shops including Walgreens, Lowes, and CVS and approximately 3 miles from the coast. Southport is a city in Brunswick County, near the mouth of the Cape Fear River and approximately 2 miles inland from the Atlantic Ocean.  Southport is home to Deep Point Marina who operate the only ferry access to Bald Head Island.   Coastal Villas is a well maintained, fully stabilized property with the potential for a slight rental increase. The property is comprised of 22 two bedroom/one bath units and 22 one bedroom/one bath units.  Amenities/updates include: Laundry center  Gazebo New roofs Upgraded HVAC Recently striped pavement  Well appointed, bungalow style one- and two-bedroom floor plans Fully equipped kitchens: Refrigerator, range, microwave, pantry and breakfast bar

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 22 $675.00 626
2+1 22 $804.00 838

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2210000403
Land Assessment
$548,640
Improvements Assessment
$4,268,250
Total Assessment
$4,816,890

ZONING

Zoning Code CO-CLD
CO-CLD
  • Listing ID: 19362319

  • Date on Market: 4/28/2020

  • Last Updated:

  • Address: 5339 Dosher, Southport, NC 28461

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