Log In/Sign Up
Your email has been sent.
2 Buildings, 10 Units 520 Keen St 10 Unit Apartment Building $1,073,134 CAD ($107,313 CAD/Unit) 10.04% Cap Rate Rocky Mount, NC 27804
Executive Summary
This high-yield portfolio features two buildings totaling 10 units, all configured as 2-bedroom, 1-bathroom layouts. Offering a blend of immediate cash flow and significant upside, this property is currently 90% occupied with the vacant unit in rent-ready condition.
Strong existing return with a cap rate of 10.04% and a clear path to stabilization with a projected cap rate of 12.87%
Tenants pay their own utilities.
524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.
Strong existing return with a cap rate of 10.04% and a clear path to stabilization with a projected cap rate of 12.87%
Tenants pay their own utilities.
524 Keen St was built in 1978 and has 2853 SF on 0.27 acres, while 520 Keen St was built in 1979 and has 4502 SF on 0.44 acres.
Property Facts
| Price | $1,073,134 CAD | Building Class | C |
| Price Per Unit | $107,313 CAD | Lot Size | 0.71 AC |
| Sale Type | Investment | Building Size | 7,355 SF |
| Cap Rate | 10.04% | Average Occupancy | 90% |
| No. Units | 10 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $1,073,134 CAD |
| Price Per Unit | $107,313 CAD |
| Sale Type | Investment |
| Cap Rate | 10.04% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 7,355 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1978 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,128 CAD | - |
1 1
Property Taxes
| Parcel Number | 3850-14-42-9564 | Improvements Assessment | $280,234 CAD |
| Land Assessment | $23,973 CAD | Total Assessment | $304,207 CAD |
Property Taxes
Parcel Number
3850-14-42-9564
Land Assessment
$23,973 CAD
Improvements Assessment
$280,234 CAD
Total Assessment
$304,207 CAD
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2 Buildings, 10 Units | 520 Keen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.