1301 Avon Ct

Multi-Family

1301 Avon Ct, WilmingtonNC 28405

Property Details

Location

Address
1301 Avon Ct, WilmingtonNC 28405
County
New Hanover
Submarket

Building Size

Building Size
7,518 SF

Building Details

Type
 Multi-Family
Number of Buildings
5
Number of Units
4
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
1.58 Acres
Land (SF)
68,825 SF
Zoning
Residential
Lot Depth
Lot Width

Contacts

Current Listings

Airbnb Portfolio For Sale

$2,000,000
Cap Rate: 12%

Available for sale is this 4-property AirBnB portfolio, turnkey and ready offering compelling revenues, a 12% Cap Rate, 82% Occupancy Rate, and over $70k+ in secured future bookings. All properties are in Wilmington, NC and located within approximately 1 mile of each other making service and management extra convenient. All properties have been updated from their original purchase and include a stellar package of furniture, fixtures and equipment. Current owner is willing to stay on for execution of transition and consultation to ensure a seemless transfer of the business set-up and success for future owner. Additionally, if the potential buyer has the desire for a hands off cash flow business experience, we have a property management contract ready to go with a team that is already familiar with the property and ready to handle everything out of the gate. This is an amazing opportunity to own a proven business model with strong cash flow and leveraged by appreciating real estate assets.

For more photos, virtual tours, and floor plans, please view the portfolio tour link in the "attachments" section of this listing.

1301 Avon Court, Wilmington, NC 28405

4 Bedrooms | 2 Bathrooms | 1625 Square Feet + 900 Square Foot Detached Building

This house has 2 buildings on the property. 1625 Square foot main house. The front building has 4 bedrooms, 2 bathrooms and all of the basic essentials you'll need. The building in the back is 900 sqft and was converted into the ultimate game room. The main gaming system has over 3,000 arcade games, the Pac-Man system has 4 classic Arcade games, arcade basketball, foosball, table tennis, pool table, list goes on. Outside Hammocks, pool, fire pit and a screen in patio. 6 Tv's in the house with Ruku channels and youtube. Plenty of family board games. Keyless entry and Wireless Bluetooth speaker. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

131 Blount Drive, Wilmington, NC 28411

4 Bedrooms | 2.5 Bathrooms | 1,920 Square Feet

4 Bedroom 2.5 Bath house close to the beach but also has everything you and your family need to enjoy your vacation onsite. Above ground pool that is 21 feet around. 1920 Square foot house. Game Room: Indoor basketball, arcade-style gaming system with 2,400 classic games like Mario Brother, Tekken, X-Men, Sonic and much more. Outside Activities: half Basketball court, Extra Large one of a kind beer pong court, 4 team Volleyball Court, Hammock area, Fire Pit and grilling area. 6 Tv's in the house with cable, youtube, and Netflix. Plenty of family board games. Keyless entry and Wireless Bluetooth speaker. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

431 N Crestwood Drive, Wilmington, NC 28405

3 Bedrooms | 2 Bathrooms | 1,650 Square Feet

3 Bedroom 2 Bath house centrally located, fun for all with a pool table, a gaming system that has over 2,400 games from Mario to street fighter, three tree houses, a fire pit, massive backyard and a brand new salt water pool. 1650 square foot house. Screened in back porch plus grilling pad. Fenced in backyard, storage building. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

4613 Kings Drive, Wilmington, NC 28405

3 Bedrooms | 1.5 Bathrooms | 1,423 Square Feet

3 Bedroom 1.5 Bath house centrally located in Wilmington. Game Room: Pool Table, arcade-style gaming system with 3,300 classic games like Mario Brother, Tekken, X-Men, Sonic and much more. 1423 Square foot house. Outside Activities: Hammock area, Fire Pit and grilling. 5 Tv's in the house Free Version of Sling TV. Plenty of family board games. Keyless entry. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

Available for sale is this 4-property AirBnB portfolio, turnkey and ready offering compelling revenues, a 12% Cap Rate, 82% Occupancy Rate, and over $70k+ in secured future bookings. All properties are in Wilmington, NC and located within approximately 1 mile of each other making service and management extra convenient. All properties have been updated from their original purchase and include a stellar package of furniture, fixtures and equipment. Current owner is willing to stay on for execution of transition and consultation to ensure a seemless transfer of the business set-up and success for future owner. Additionally, if the potential buyer has the desire for a hands off cash flow business experience, we have a property management contract ready to go with a team that is already familiar with the property and ready to handle everything out of the gate. This is an amazing opportunity to own a proven business model with strong cash flow and leveraged by appreciating real estate assets.

For more photos, virtual tours, and floor plans, please view the portfolio tour link in the "attachments" section of this listing.

1301 Avon Court, Wilmington, NC 28405

4 Bedrooms | 2 Bathrooms | 1625 Square Feet + 900 Square Foot Detached Building

This house has 2 buildings on the property. 1625 Square foot main house. The front building has 4 bedrooms, 2 bathrooms and all of the basic essentials you'll need. The building in the back is 900 sqft and was converted into the ultimate game room. The main gaming system has over 3,000 arcade games, the Pac-Man system has 4 classic Arcade games, arcade basketball, foosball, table tennis, pool table, list goes on. Outside Hammocks, pool, fire pit and a screen in patio. 6 Tv's in the house with Ruku channels and youtube. Plenty of family board games. Keyless entry and Wireless Bluetooth speaker. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

131 Blount Drive, Wilmington, NC 28411

4 Bedrooms | 2.5 Bathrooms | 1,920 Square Feet

4 Bedroom 2.5 Bath house close to the beach but also has everything you and your family need to enjoy your vacation onsite. Above ground pool that is 21 feet around. 1920 Square foot house. Game Room: Indoor basketball, arcade-style gaming system with 2,400 classic games like Mario Brother, Tekken, X-Men, Sonic and much more. Outside Activities: half Basketball court, Extra Large one of a kind beer pong court, 4 team Volleyball Court, Hammock area, Fire Pit and grilling area. 6 Tv's in the house with cable, youtube, and Netflix. Plenty of family board games. Keyless entry and Wireless Bluetooth speaker. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

431 N Crestwood Drive, Wilmington, NC 28405

3 Bedrooms | 2 Bathrooms | 1,650 Square Feet

3 Bedroom 2 Bath house centrally located, fun for all with a pool table, a gaming system that has over 2,400 games from Mario to street fighter, three tree houses, a fire pit, massive backyard and a brand new salt water pool. 1650 square foot house. Screened in back porch plus grilling pad. Fenced in backyard, storage building. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

4613 Kings Drive, Wilmington, NC 28405

3 Bedrooms | 1.5 Bathrooms | 1,423 Square Feet

3 Bedroom 1.5 Bath house centrally located in Wilmington. Game Room: Pool Table, arcade-style gaming system with 3,300 classic games like Mario Brother, Tekken, X-Men, Sonic and much more. 1423 Square foot house. Outside Activities: Hammock area, Fire Pit and grilling. 5 Tv's in the house Free Version of Sling TV. Plenty of family board games. Keyless entry. Located in central Wilmington NC close to area beaches, UNCW, downtown and much more.

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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.

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Source: NCCMLS

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