Halsey Village
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Halsey Village
2 Multifamily Properties Offered at $475,000 in Edenton, NC
Investment Highlights
- Long-term tenants
- Property approved by Economic Improvement Council for direct payments
- Due for rental increases
Executive Summary
A portfolio of 7 fully occupied rental properties, offering consistent income and excellent growth potential.
Taxes & Operating Expenses (Actual - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$62,309
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$62,309
|
| Taxes |
$3,940
|
| Operating Expenses |
$6,712
|
| Total Expenses |
$10,652
|
| Net Operating Income |
$51,657
|
Taxes & Operating Expenses (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $62,309 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $62,309 |
| Taxes | |
|---|---|
| Annual | $3,940 |
| Operating Expenses | |
|---|---|
| Annual | $6,712 |
| Total Expenses | |
|---|---|
| Annual | $10,652 |
| Net Operating Income | |
|---|---|
| Annual | $51,657 |
Property Facts
| Price | $475,000 | Status | Active |
| Price / SF | $36.54 / SF | Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.20% | Total Building Size | 13,000 SF |
| Sale Type | Investment | Total Land Area | 1.50 AC |
| Price | $475,000 |
| Price / SF | $36.54 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 9.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,000 SF |
| Total Land Area | 1.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 215 E Albemarle St, Edenton, NC 27932 | Multifamily | 9,000 SF | 1996 | - |
| 213 E Albemarle St, Edenton, NC 27932 | Multifamily | 4,000 SF | 1990 | - |
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Presented by
Carolina Growth Partners LLC
Halsey Village
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