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3846 George Ii Highway Se

Southport, NC 28461

Status

CLOSED

MLS#

100283170

Sold Price

$1,575,000

List Price

$1,627,500

Closing Date

Jan 28, 2022

Days on Market

102

Year Built

2005

Half-baths

8

Living Area

26,938

Acres

5.04

Neighborhood

Not In Subdivision

Stipulations

None

Property Description

THRIVING TURN-KEY COMMERCIAL PROPERTY -- This fully leased 8-unit commercial complex in fast-growing Boiling Spring Lakes offers immediate income return on your investment! Located on a major highway in the heart of Brunwick County that connects Wilmington and points north to Southport and beach attractions, this complex sees a passing vehicle count estimated at nearly 17,000 per day. Tenants include established businesses and long-term leaseholders with strong positive track records. Gross rents total almost $11,000 per month while the owner's utilities, taxes, insurance and maintenance average less than $1,800 per month. Such strong opportunities don't come often!

Additional Information

Occupancy %

100.00

Taxes

$5,216

Available Amenities

No Amenities

Cooling

See Remarks

Heating

Heat Pump

Water Heater

Electric

Floors

Concrete

Foundation

Slab

Roof

Insulated, Metal

Exterior Finish

Steel Siding

Lot Information

Open

Lot Water Features

None

Sewer

Municipal Sewer, Municipal Water

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910.264.4921
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Listing courtesy of Coldwell Banker Sea Coast Advantage - Sp. Selling Office: A Non Member.

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