$4,950,000
7.1± Acres
Active
Harnett County, NC

601 Main, Lillington, North Carolina

MLS ID: 10145383
Status: Active
Price: $4,950,000
Acres: 7.1±
Type: Apartment, Residential
Address: 601 Main
City, State: Lillington, NC
County: Harnett County
ZIP Code: 27546
Parcel Number: 0670866402.000/ 0670867395.000
Bedrooms: 71
Bathrooms: 104
SqFt: 46,400
Year Built: 1999

Description

Prime Location! Walking Distance to Campbell University- 10 minutes to growing Lillington! Units have remained 100% occupied year after year with rent increases every year. Unit occupants are a good mix of students, faculty, and general public. Units are a mix of 1 bed 1 bath (2), 2 bed 2.5 bath (33), and 3 bed 3 bath (1) with Vinyl and Brick exterior on slab, all units ground level entrance. Plenty of parking for occupants and visitors, each individually metered, all electric units. Included with each unit is Fridge, Stove, Washing Machine, Dryer, garbage dumpster, ground care. Onsite office that is currently used for storage by the property management and maintenance crew.

Units have been maintained as needed- All new roofs 2016, AC units and appliances have been replaced as needed, work orders are completed as they are submitted, approx. 50% of units have been replaced with LVP flooring on the main level and in the bathrooms, carpet replaced as needed. All tenants have a deposit in trust.

ADDITIONALLY: 2.85 acres of cleared land for 24 additional units, 4 buildings with 6 units each, already addressed by Harnett County and plans in hand. All utilities are at the road. Plans will be conveyed to the buyer at closing

Directions: From 421 at Campbell Univeristy- Turn onto Marshbanks- Straight through the round a bout, complex will be on the left about a half mile. Complex sign at the road.

Additional Information

Interior

Appliances: Dishwasher, Dryer, Electric Cooktop, Refrigerator, Washer, Water Heater
Bathrooms Half: 33
Bathrooms Full: 71
Building Area Total: 46,400
Cooling (Yes/no): Yes
Cooling: Central Air, Electric, Heat Pump
Flooring: Carpet, Vinyl
Heating (Yes/no): Yes
Heating: Central, Forced Air

Exterior

Exterior Features: Storage
Foundation Details: Slab
Lot Size Area: 7
Lot Size Square Feet: 309,276
Open Parking Spaces: 90
Open Parking: Yes
Parking Features: Asphalt
Patio and Porch Features: Covered
Road Frontage Type: County Road
Road Surface Type: Asphalt
Roof: Asphalt
Water Source: Public

Financial/HOA/Schools

Days On Market: 68
Elementary School: Harnett - Buies Creek
Middle School: Harnett - Harnett Central
High School: Harnett - Harnett Central
Subdivision Name: Not In A Subdivision
Tax Annual Amount: 29816.54
Zoning: RA-30
Douglas Moore

Douglas Moore

Angier, North Carolina

(919) 291-6390

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Listed By: Lucia Turlington of Turlington Real Estate Group - (919) 697-6905