144 Nottingham Drive

144 Nottingham Drive, Forest City, NC 28043

  • For Sale $875,000
  • Property Type Multi-Family
  • Property Size 6,883 SF
  • Units 9
  • Lot Size 2.76 Acre
  • Additional Rent Contact for pricing
  • Year Built 1968
  • Date Updated Sep 8, 2024
A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.A great multifamily value add opportunity! The sale includes both 144 Nottingham Dr. with a total of five units and 110 Evergreen Ln. with a total of four units. Both properties also include a second parcel with the potential opportunity to expand or build additional structures. Two units at each property have been partially renovated. There is significant potential for rent growth by renovating the five non-updated units or by doing a complete renovation on all units. Additionally, the non-updated units have purposely been rented on a month-to-month basis to allow a new owner an easy transition for renovations. All other units currently have yearly leases. Reach out to the listing brokers for more details on in-place financials and projected pro forma. Buyer responsible for confirming all unit conditions, mechanical details, and other items of importance prior to closing as the ownership is not local and makes no representation.

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Attachments

Contacts

broker

Jim Davis

NAI Beverly-Hanks

Location

Getting Around

  • Walk Score ®

    5/100 Car-Dependent
  • Bike Score ®

    19/100 Somewhat Bikeable
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  • City Forest City, NC
  • Zip Code 28043

Points of Interest

  • Shell

    0.19 miles

  • Ingles Gas Express

    0.50 miles

  • Murphy USA

    0.94 miles

  • Speedway

    1.30 miles

  • Quality Plus

    1.53 miles

  • Southern Star

    1.65 miles

  • Sunoco

    3.02 miles

  • Marathon

    4.63 miles

  • RoCo Fuels

    7.22 miles

  • Earl's Short Stop

    8.53 miles

  • Thermal Belt Rail Trail - Pine Street Parking

    1.92 miles

  • Thermal Belt Rail Trail Parking - Forrest Hunt

    2.57 miles

  • Econo Lodge

    0.18 miles

  • Quality Inn

    0.87 miles

  • Baymont

    0.88 miles

  • Holiday Inn Express

    1.14 miles

  • Hampton Inn & Suites

    1.29 miles

  • Thrifty Motel

    1.70 miles

  • Gardo's Motel

    2.03 miles

  • Stagecoach Inn

    2.48 miles

  • Tri-City Motel

    2.70 miles

  • Firehouse Inn

    5.00 miles

  • Pizza Hut

    0.51 miles

  • Carolina Farmhouse

    0.51 miles

  • Don Ramon

    0.69 miles

  • Fuji Yama

    0.69 miles

  • Burger King

    0.71 miles

  • Waffle House

    0.71 miles

  • Kyoto Express

    0.74 miles

  • Big Dave's Family Seafood

    0.76 miles

  • McDonald's

    0.77 miles

  • Wendy's

    0.77 miles

  • Isothermal Comunity College

    1.67 miles

  • Forest City Dunbar Elementary

    1.82 miles

  • Thomas Jefferson Classical Academy Grammar

    2.00 miles

  • Forrest W. Hunt Elementary School

    2.58 miles

  • Carver Elementary School

    2.99 miles

  • Shiloh Elementary School

    3.46 miles

  • Harris Elementary School

    3.48 miles

  • Spindale Elementary School

    3.49 miles

  • East Rutherford High School

    4.17 miles

  • Chase Middle School

    4.38 miles

  • Choice Care Playschool

    4.80 miles

  • Kids At Play

    7.08 miles

Frequently Asked Questions

How much does 144 Nottingham Drive cost?

The space currently listed for sale at 144 Nottingham Drive asks for $875,000.

What is the total square footage of 144 Nottingham Drive?

144 Nottingham Drive totals 6,883 square feet.

When was this property built?

144 Nottingham Drive was built in 1968.

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Contact Listing Broker

broker

Jim Davis

NAI Beverly-Hanks