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107 Calloway Ct
Rocky Mount, NC 27804

$6,500,000 USD

Apartments For Sale  •  33,946 SF

Property Details

  • Property Type Apartments
  • Total Building Size 33,946 SF
  • Lot Size 3.56 AC
  • Building Class C
  • Year Built 2020
  • Zoning R10
0 Transit Score
20 Walk Score

Highlights

16 units master leased by NCWU with minimal expenses paid by ownership
New construction opportunity requires minimal CapEx
Stable cash flow with seven years remaining on the master lease
Market rents on six ownership controlled units are 27% higher than master leased rents. University charged rent is 47% higher than ownership rent.
Well located in Rocky Mount within 15 minutes of Rocky Mount Mills and future Commons at Sunset mixed-use development

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Rocky Mount (Carolinian - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak, Silver Star - Amtrak) 11 min - 6.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 88
Type: Surface
Included in Rent: Yes
Woody Flythe 864-430-1750 JLL
Woody Flythe 864-430-1750 JLL