Price Court Apartments

Multi-Family: Low-Rise
Pending

110 Dancy St, PrincevilleNC 27886

Property Details

Location

Address
110 Dancy St, PrincevilleNC 27886
County
Edgecombe
Submarket
OZ - NC Edgecombe
Parcels
4738515655
In Opportunity Zone
Yes

Building Size

Building Size
28,919 SF
Rentable Space
26,523 SF

Building Details

Type
 Multi-Family: Low-Rise  
 Pending
Number of Buildings
6
Number of Units
30
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
2001
LEED Level
0
Sprinklers
Total Parking
30
Parking Ratio

Land & Utilities

Land (Acres)
4.48 Acres
Land (SF)
195,005 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R1
Lot Depth
535 ft
Lot Width
315 ft

Contacts

Current Listings

Vacant 30 Unit Apt - Bring Any & All Offers!

26,523 SF$188,000
The Overton Group, LLC

AS-IS, WHERE-IS, WITH ALL FAULTS! Bring any and all offers on these vacant apartments located in an opportunity zone in Princeville, NC. Upside potential for a value-add investment. Water, utilities and sewer are all on-site. Currently has five apartment buildings, all containing six (1) bedroom units. On-site leasing office/laundry.

Apartments flooded during Hurricane Floyd (1999) and then again during Hurricane Matthew (2016) which resulted in a total loss both times. During Matthew, water levels rose up to 10-12 feet. All of tenants possession were removed a month post-flood, as well as all of the debris. Properties have not been touched since, due to city raising a "red flag" notice, labeling the apartments uninhabitable.

Owner is selling AS-IS, WHERE-IS, WITH ALL FAULTS. All potential buyers be aware of the current condition of the property and its position in a flood zone. Property has typical affordable housing restrictions that should be going away soon. Contact agent for more information or if you have any questions!

The Overton Group, LLC

AS-IS, WHERE-IS, WITH ALL FAULTS! Bring any and all offers on these vacant apartments located in an opportunity zone in Princeville, NC. Upside potential for a value-add investment. Water, utilities and sewer are all on-site. Currently has five apartment buildings, all containing six (1) bedroom units. On-site leasing office/laundry.

Apartments flooded during Hurricane Floyd (1999) and then again during Hurricane Matthew (2016) which resulted in a total loss both times. During Matthew, water levels rose up to 10-12 feet. All of tenants possession were removed a month post-flood, as well as all of the debris. Properties have not been touched since, due to city raising a "red flag" notice, labeling the apartments uninhabitable.

Owner is selling AS-IS, WHERE-IS, WITH ALL FAULTS. All potential buyers be aware of the current condition of the property and its position in a flood zone. Property has typical affordable housing restrictions that should be going away soon. Contact agent for more information or if you have any questions!

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: Cape Fear REALTORS®

More Information

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