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6-Unit w/ Rent Ready Vacancies 814 Sunset Ave 6 Unit Apartment Building $618,546 CAD ($103,091 CAD/Unit) Rocky Mount, NC 27804
Executive Summary
814 Sunset Ave is a 6-unit multifamily building in Rocky Mount renovated in 2022-2023 with granite countertops, new flooring, and updated systems.
Three units are currently occupied (2, 3, and 5) and three are vacant and rent-ready (1, 4, and 6), offering a buyer immediate lease-up upside.
At market rents and full occupancy, stabilized pro-forma Cap Rate of 10.80%
Window AC units and baseboard heat
Common water connection - water/sewer is billed to tenant by landlord; tenants pay electric individually to utility provider
Three units are currently occupied (2, 3, and 5) and three are vacant and rent-ready (1, 4, and 6), offering a buyer immediate lease-up upside.
At market rents and full occupancy, stabilized pro-forma Cap Rate of 10.80%
Window AC units and baseboard heat
Common water connection - water/sewer is billed to tenant by landlord; tenants pay electric individually to utility provider
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,042 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3850-18-31-2124 | Improvements Assessment | $373,669 CAD |
| Land Assessment | $15,745 CAD | Total Assessment | $389,414 CAD |
Property Taxes
Parcel Number
3850-18-31-2124
Land Assessment
$15,745 CAD
Improvements Assessment
$373,669 CAD
Total Assessment
$389,414 CAD
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6-Unit w/ Rent Ready Vacancies | 814 Sunset Ave
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