Log In/Sign Up
Your email has been sent.
100% Occupied 6 Unit Building 600 S Vyne St 6 Unit Apartment Building $649,495 CAD ($108,249 CAD/Unit) 11.03% Cap Rate Rocky Mount, NC 27803
Investment Highlights
- Single story Brick Building w/ crawlspace
Executive Summary
6-unit building located at 600 S Vyne Street
Built in 1980 and 100% occupied, total of 4,170 square feet
Brick exterior
Single story w/ crawl Space
Central HVAC in all units
Metal Roof
Current Cap Rate: 11.03%
Projected Cap Rate: 11.55% (with modest rent increase to $800/unit)
Current NOI: $51,640
NOI at Market Rent: $54,040
All tenants are on month-to-month leases ranging from $750-800/mo
All units are individually metered and tenants pay water and electricity directly to providers; trash pickup is included on tenants' water bill.
Occupied units will not be shown until under contract
Built in 1980 and 100% occupied, total of 4,170 square feet
Brick exterior
Single story w/ crawl Space
Central HVAC in all units
Metal Roof
Current Cap Rate: 11.03%
Projected Cap Rate: 11.55% (with modest rent increase to $800/unit)
Current NOI: $51,640
NOI at Market Rent: $54,040
All tenants are on month-to-month leases ranging from $750-800/mo
All units are individually metered and tenants pay water and electricity directly to providers; trash pickup is included on tenants' water bill.
Occupied units will not be shown until under contract
Data Room Click Here to Access
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,076 CAD | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 3759-05-28-1926 | Improvements Assessment | $254,226 CAD |
| Land Assessment | $81,850 CAD | Total Assessment | $336,075 CAD |
Property Taxes
Parcel Number
3759-05-28-1926
Land Assessment
$81,850 CAD
Improvements Assessment
$254,226 CAD
Total Assessment
$336,075 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
100% Occupied 6 Unit Building | 600 S Vyne 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.