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2322 Indian Drive, Jacksonville, NC 28546

$2,950,000

Property Type: Comm Sale or Lease Square Footage: 13,040 Lot Size (sq. ft.): 36,155 Status: Active

Current Price: $2,950,000 List Date: 12/04/2025 Last Modified: 3/02/2026

Overview

Description

Looking for a solid investment that's already generating income with room for growth? This 20-unit apartment complex in Jacksonville NC offers the perfect opportunity for investors of all experience levels. Located in a fast-growing area, just a short drive from the beaches of Topsail & the Crystal Coast, this property combines steady cash flow with future potential. The complex is completely turnkey, allowing you to start earning from day 1. The property's current rental income is poised for increases, with rents being raised to $1,100 - $1,250 per unit. 7 units are now leased at the new rates. Once all leases are adjusted, the property will generate approx. $280,000 per year in income. At this price, investors can expect a 9-10% CAP rate with minimal effort. The property has been well-maintained with several major updates already completed, including many new HVAC systems & a newer roof (4 years old). The units are in excellent shape with spacious layouts, full kitchens, appliances & ... (Read more)

Listing Details MLS# 100544024

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2025-12-04
Garage: N/A
Sale/Lease: Sale
Listing Price: 2950000
List Price/SqFt: 226.23
Stipulation of Sale: Standard

Location Information

Street #: 2322
Street Name: Indian
Street Suffix: Drive
County: Onslow
State/Province: NC
Zip Code: 28546
City Limits: Yes
Marketing City: Jacksonville
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: From Jacksonville, use Gum Branch Rd, turn at light onto Indian Drive and apartments are on the left
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 13040

Legal and Taxes

Tax Assessed Value: 981100
Deed Book: 5933
Deed Page: 11
Legal: L2 Ma & Pq Trott S/F 413 9 J H Morton
Broker Owner: No
PID: 046379
Tax Identifier: 413-9.2
Plat Book: 64
Plat Page: 75
Total Real Estate Property Taxes: 12312.81
Special Assessments: None Known
Tax Year: 2025
Year Built: 1985
Zoning: Rmf-Hd
HOA: No
Cobra Zone: No

More Information

Building/Ext Features

# of Units: 20
Fireplace Y/N: No
Lot Acres: 0.83
Lot SqFt: 36155
Lot Dimensions: Irregular
SqFt - Total Available: 6560
Location Type: Mainland

Sale/Lease Includes

Buildings: Yes
Land: Yes

Heating System Fuel Source

Electric: Yes

Property Features

Heating System Fuel Source: Electric

IDX

Listing Office: REAL Broker LLC

Last Updated: March - 02 - 2026

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