3846 George Ii Highway Se, Southport, NC 28461

$1,575,000
26,938
SqFt
Sold Price
$1,575,000
List Price
$1,627,500
Status
CLOSED
MLS#
100283170
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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

Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.