Residential rental property portfolio located in Wilmington, North Carolina. The portfolio consists of 48 properties and a total of 52 rental units. The units consist of single family homes and duplexes. Property units range in size of one bedroom units to three bedroom units. Annual rental income estimated in excess of $680,000. Owner has established a solid tenant base and efficient property management model. Properties are located through out the City of Wilmington and are close to schools, shopping, transportation, medical service and much more. Portfolio has room to grow the rent base along with benefiting from a growing residential market demand.
Listing courtesy of Intracoastal Realty Corp.
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