Property Description
This 16-unit apartment complex is located in the heart of Kill Devil Hills between the highways on Third Street. Four units have been renovated this year, two of which have been re-rented and two have just been finished and are expected to be rented shortly. There are eight separate condos on the property that each have two apartments currently. The Pin #'s for each condo are as follows: Unit 101 - 98841047519301; Unit 102 - 98841047519302; Unit 103 - 98841047519303; Unit 104 - 98841047519304; Unit 201 - 98841047519305; Unit 202 - 98841047519306; Unit 203 - 98841047519307; Unit 204 - 98841047519308
All condos to be sold as one and not be sold individually. Further pictures of a two-bedroom and a one-bedroom apartment to be added shortly.
Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is advised to check on any short-term rental restrictions.
Directions: Take 3rd street from either the highway or the beach road and turn on Bobby Lee Trail. The apartments are at the end of Bobby Lee Trail.
Property Basic Details
House Size |
1.23 |
Price |
$ 3,299,000 |
Area |
Kill Devil Hills b/w Hwys |
Sale/Rent |
S |
Status |
Active |
Partial Bath |
Bldg/Land Simple |
Year Built |
1984 |
Property Features
Possession |
Close Of Escrow |
Zoning |
RL |
Tax Year |
2025 |
Property Taxes |
17910.38 |
Exterior Features
Interior Features
Floor Plan
Property Type |
Multi-Family |
Lot Size: |
180x290 |
Location
City |
Kill Devil Hills |
Area |
Kill Devil Hills b/w Hwys |
County |
Dare |
ZIP |
27948 |
Parking