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Opportunity Zone
 

Classic Auction - Multifamily

Walnut Square Apartments

315 E Walnut Street, Goldsboro, NC 27530

  • Asset Type
  • Real Estate
  • Property Type
  • Multifamily
  • Land Area
  • 1.00 Acres
  • Year Built
  • 1929
  • Year Renovated
  • 2004
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 21
  • Occupancy
  • 62.00%
  • Occupancy as of
  • Oct 01, 2019
  • Multifamily Type
  • Garden
  • Number of Units
  • 21 Units

Walnut Square Apartments

Value-Add Apartment Opportunity
21-Units | Goldsboro, NC


Investment Highlights:

  • Value-Add Potential–Offered Below Market Rents & Renovation Potential
  • Demand Drivers Include Seymour Johnson Air Force Base and Wesleyan College-Goldsboro
  • Central Location Close to Retail and Employment Centers
  • Steady Population Growth Projected Through 2030

 

Waterstone Multi-Family Group and RealINSIGHT Marketplace are pleased to present Walnut Square Apartments, a 21-unit apartment complex located in the heart of Goldsboro, North Carolina. The property is located within one (1) mile of multiple restaurants, retail stores, and public transportation. The police department and fire department are also conveniently located only a few blocks from the property.

Walnut Square is a three-story building with a brick exterior comprised of one-three bedroom(s) and one bath units. A new water heater was installed in 2016. Nine new air conditioners have been installed over the past five (5) years. This property offers the opportunity to acquire an asset with rents below market and other value-add components.

Bordered by the Neuse and Little Rivers is Goldsboro, best known as home to Seymour Johnson Air Force Base. A major tourist attraction is Cliffs of the Neuse State Park, and academic choices include North Carolina Wesleyan College-Goldsboro and Wayne Community College. Residents receive top healthcare at Wayne Memorial Hospital, and Goldsboro is within 30 minutes of the I-40 and I-95 corridors as well as 45 minutes to the state capital of Raleigh. The top three employers are Seymore Johnson Air Force Base, Wayne County Public Schools, and Wayne UNC Healthcare. Wayne County is projected to incur steady population growth through 2030.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

Platform fee for this transaction is 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: 7100