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1425 Red Robin Lane 1-15, New Bern, NC 28562

$3,300,000
Property Type: Comm Sale or Lease Square Footage: 36,000 Lot Size (sq. ft.): 175,547 Status: Closed
Current Price: $3,300,000 List Date: 11/01/2021 Last Modified: 11/01/2021

Overview

Description

For com purposes only. Sale includes 15 stand alone apartment buildings with 4 apartments in each building. Each building has apx 2,400 SF with paved parking. Property is in poor condition & in need of TLC. Average monthly rent is $600 (vacancy level high). Sale includes PID: 8-208-5-001; 8-208-5-002; 8-208-5-003; 8-208-5-004; 8-208-5-005; 8-208-5-006; 8-208-5-007; 8-208-5-008; 8-208-5-009; 8-208-5-010; 8-208-5-011; 8-208-5-012; 8-208-5-013; 8-208-5-014; 8-208-5-015; 8-208-5 -00A.

Listing Details MLS# 100298485

Contract Info

Delayed Marketing?
No
Marketing Start Date
2021-11-01
Sale/Lease
Sale
Auction
No
Listing Price
3300000
List Price/SqFt
91.67
Stipulation of Sale
Standard

Location Information

Street #
1425
Street Name
Red Robin
Street Suffix
Lane
Unit #
1-15
County
Craven
State/Province
NC
Zip Code
28562
City Limits
Yes
Marketing City
New Bern
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From MLK Blvd, turn onto Red Robin Ln, turn right into Robins Nest Apartment Complex.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
36000

Legal and Taxes

Tax Assessed Value
2400000
Total City Real Estate Property Tax
11572.8
Deed Book
3582
Deed Page
282
Legal
Unit 1-15 Robins Nest***
Broker Owner
No
PID
8-208-5 -00A
Tax Identifier
8-208-5 -00a
Plat Book
999
Plat Page
999
Total Real Estate Property Taxes
28612.8
Special Assessments
None
Tax Year
2021
Year Built
1986
Zoning
R
HOA
No
Cobra Zone
No

More Information

Status Change Info

Under Contract Date
2021-11-01
Sold Date
2021-11-01

Building/Ext Features

# of Units
60
Lot Acres
4.03
Lot SqFt
175547
Lot Dimensions
531.31 x 428.48
SqFt - Apx Total
36000
Location Type
Mainland

Business Type

Other
Yes

Terms

Cash
Yes

Parking Features

On Site
Yes

Sale/Lease Includes

Buildings
Yes
Land
Yes

Roof

Shingle
Yes

Road Type/Frontage

2 - 3 Lanes
Yes
Paved
Yes

Road/Trans Access

Airport
6 - 10 Miles
State Highway
Less than 5 Miles

Location

See Remarks
Yes

Property Features

Business Type: Other Parking Features: On Site Roof: Shingle Location: See Remarks Terms: Cash
IDX
Listing Office: TYSON AND HOOKS
Last Updated: November - 01 - 2021
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