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Investment Highlights

  • UNIQUE OPPORTUNITY FOR 26 CONDO UNITS within a 27-unit condo rental complex in Wilmington, North Carolina
  • OUTSTANDING UPSIDE POTENTIAL based on current average rent at $1,187 with several existing tenants between $1,500 ~ $1,650 rents
  • LOCATED IN THE HEART OF WILMINGTON NC with close proximity to downtown, Riverwalk, numerous shops, restaurants and more
  • ABILITY TO OWN ENTIRE COMPLEX because the owner of the 27th unit is also ready to negotiate and sell
  • SPACIOUS 2-BEDROOM FLOOR PLANS with ample closet space, efficient layouts and stackable washer/dryer included in every unit

Executive Summary

UNIQUE OPPORTUNITY FOR 26 CONDO UNITS within a 27-unit condo rental complex in Wilmington, North Carolina, with ability to own ENTIRE COMPLEX because the owner of the 27th unit is ready to negotiate and sell!

Property Facts

Price $7,525,470 CAD
Price Per Unit $289,441 CAD
Sale Type Investment
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 21,840 SF
No. Stories 3
Year Built 1986
Zoning MF-M

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 26 - 840 - 878
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R04914-002-013-000
  • R04914-002-013-022
  • R04914-002-013-027
  • R04914-002-013-014
  • R04914-002-013-001
Land Assessment
$0 CAD
Improvements Assessment
$843,989 CAD
Total Assessment
$843,989 CAD
  • Listing ID: 41072815

  • Date on Market: 2026-06-26

  • Last Updated:

  • Address: 201-217 Sunn Aire Ct, Wilmington, NC 28405

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